Loans for self-employment and housing for North East [September 9 2010]  

A loan scheme for self employment and housing will be introduced for the benefit of the poor families in the North and East, shortly.

With a low annual interest rate of 4%, loans upto Rs.250,000 will be granted through the District Secretariats by the Bank of Ceylon. The re-payment period is over 10 years.

According to the Rehabilitation and Prison Reforms Minister D. E. W. Gunasekera, Bank of Ceylon has agreed to release Rs. 100 million as micro loans.