Jana Pubudu loans granted to 190,000 Samurdhi families
COLOMBO: The Government under the Jana Pubuduwa multi-pronged
development drive has already provided Rs.5,248 million worth credit
facilities to 190,611 Samurdhi beneficiary families to commence self-
Under the Jana Pubuduwa programme, the Samurdhi and Poverty
Alleviation Ministry launched the Jana Pubuduwa credit scheme in 2004
providing a helping hand to Samurdhi recipient families to commence
various business ventures and develop their existing income generating
avenues, Samurdhi and Poverty Alleviation Minister Pavithra
Wanniarachchi told the Daily News yesterday.
Due to the progress achieved by Jana Pubuduwa credit scheme, Samurdhi
Bank societies have been able to grant Rs.5,248 million worth loans,
from 2004 to date, she said.
According to the Minister, Rs.1,873 million worth Jana Pubudu loans
have been provided to 61,644 Samurdhi beneficiary families only during
the first nine months of this year.
Under the Jana Pubuduwa development drive, financial assistance will
be provided to Samurdhi beneficiary families to start ventures to
establish them in gainful employment in the areas of agriculture,
industries, animal husbandry, fisheries, marketing and other support
Samurdhi Banks spread throughout the country have come forward to
lend financial assistance to Samurdhi beneficiary families.
Credit facilities from Rs.10,000 upto a maximum Rs.100,000 will be
granted to commence self-employment ventures, the Minister said.
In order to provide more relief measures to Samurdhi recipient
families, the Government has reduced the 18 per cent annual interest
rate charge on these loans up to 14 per cent.
The Jana Pubuduwa programme will not only provide credit to start
self-employment ventures but also provide training and marketing
facilities for Samurdhi beneficiaries to develop their business
ventures, she said.
"The Government through the Jana Pubuduwa programme intends to bring
Samurdhi beneficiaries out of their dependent mentality and assist them
to become better entrepreneurs by identifying their various skills," the