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| Lankaputhra Bank Assists Farmer Community |
22 October 2008 |
Mahavilachchiya farmers received loans on easy terms to purchase hand-tractors at an
event held at the Mahavilachchiya Divisional Secretariat on August 15.
Apart from hand-tractors, loans were also disbursed for investments in diverse sectors
such as agriculture and agricultural development, livestock farming and jewellery
manufacture.
Lankaputhra Development Bank has been set up with the aim of encouraging and
facilitating small and medium scale entrepreneurs who form the backbone of the
economy.
The Bank has come a long way in fulfilling this objective within a short period of time,
providing concessionary credit to these entrepreneurs.
Chairman of the Bank, Mr. Sarath de Silva, observed that the Bank should expand the
opportunities available to entrepreneurs in rural areas in order to achieve its prime
objective of encouraging small and medium scale entrepreneurs. On this premise, the
management at Lankaputhra Development Bank made arrangements to provide Loan
Certificates and hand-tractors for projects in the Mahavilachchiya area. |
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