HNB launches 'Agro Livestock credit'
Deputy General Manager, Personal Banking and Network Management
of HNB Chandula Abeywickrema, handing over the first loan
facility to a dairy farmer.
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Hatton National Bank (HNB) has been instrumental in providing a host
of financial services to a variety activities including cultivation,
animal husbandry, trading and other self-employment projects, HNB has
been introducing many unemployable people into the micro enterprise and
the small industry sector, which has resulted in income and employment
generation for a significant sector of the society.
HNB recently introduced a scheme specially designed for small scale
diary farmers and large scale milk processors under the name 'Agro
Livestock Development Loan Scheme'.
This initiative was taken under a directive taken from the Central
Bank of Sri Lanka to develop the diary industry. Under this scheme the
bank granted loans in Homagama Kiriwaththuduwa with the association of
Fonterra Brands Lanka, where 25 loans were granted to small scale diary
farmers.
The main objective of this scheme is to enhance the milk production
and utilisation of milk in the country.
This scheme also facilitates the purchase of equipment that is
related to milk processing, milk production, construction of cattle
sheds and other milk related products such as yoghurt and curd etc.
In addition to this the scheme also facilitates the storage of milk
by providing the required chilling plants as well as providing proper
facilities for the transportation of milk. |