Awakening North Refinance
Special credit facilities to help businesses in Northern Province relating to agriculture, live stock , fisheries , and micro /small enterprises.
- Repayment period up to 5 years
- Loan value of up to Rs. 200,000
- Grace period up to 6 months
- Fast and courteous service
General Eligibility Conditions for Sub-borrowers
- Be a permanent resident living in the Northern Province
- Be able to provide equity contribution not less than 10 percent of the estimated cost of the project towards starting/restarting the project. The equity can be in the form of cash, labour and managerial skills etc.
- Be able to satisfy the PFI that the proposed project has a sound cash flow and a good repayment capacity
- Be able to provide a collateral if any, as determine by the bank