The Small Loan (23 weeks) is offered to female entrepreneurs only. The core objective of this product is to empower the women in the country so that they can contribute to the economy effectively.

The key features of this loan are:

  • The loan is for expansion of small businesses only.
  • Helps underprivileged to overcome the dependency on moneylenders.
  • Develops a self-help mentality and self-employment capacities of the entrepreneurs.
  • Makes the underprivileged communities self-reliant through involving in income-generating activities.

Loan ceiling (1st loan)

SLL 1,000,000 to 2,000,000

Follow-on loan

Up to SLL 1,000,000

loan processing fees

Applicable

No. of instalments

23

Loan duration / period

6 months

Processing time for 1st loan

1 week

Grace period

1 week

Age limit

18 - 60

Maximum loan limit

SLL 6,000,000

Collateral requirement

Applicable