| Company |
Contact |
| Purpose |
Provide credit guarantee to the Participating Financial Institutions (PFIs) who are providing loans to the eligible borrowers to meet their working capital requirements of purchasing paddy.
|
| Funded by |
PFIs own funds and Credit Guarantee by CBSL |
| Area of Operation |
All island |
| PFI’s |
Bank of Ceylon, Peoples Bank, Pradeshiya Sanwardhana Bank |
| Maximum Loan Limit & Period |
LKR 25 Mn. For 9 months |
| Interest Rate |
Prevailing market rate
|
| Target Group
|
Rice mill owners whose annual turnover is less than Rs. 750 million.
|
