Small loan (30 weeks) is offered to female entrepreneurs. The loan is for existing business expansion only.
Loan ceiling (1st loan) | SLL 2,000,000 - 3,500,000 |
Follow-on loan | Up to SLL 1,000,000 |
Insurance / loan processing fees | Applicable |
No. of installments | 30 |
Loan duration / period | 8 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 |