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Prime Grameen offers collateral free loans

Prime Grameen Micro finance Ltd. , the pathfinder micro finance operator in Sri Lanka, under the new management of Prime Lands Group is in the process of enhancing the business operations.


Ceo Chaminda Prabath Presenting a cheque to a recipient

For over twelve years Prime Grameen Micro Finance Ltd. had contributed to the Sri Lankan economy, by providing much needed advances to the needy small time women entrepreneurs to develop sustainable economic ventures. The newly introduced captive theme " delightful mission to bring light into the world of others" of Prime Grameen Ltd., which had provided the impetus to strengthen the family unit through a process similar to a CSR project, over many years, is on the threshold of introducing yet another novel scheme to Sri Lankans.

Prime Grameen had disbursed over Sri Lankan Rupees twenty four billion to beneficiaries under the Grameen based micro finance scheme and will enhance their product profile by introducing a scheme to provide collateral free loans to small and medium scale business people to develop their enterprises.

The scheme will provide the opportunity for small and medium scale business people holding a current account at any Commercial Bank in Sri Lanka, to secure collateral free loans ,within three days, under the newly introduced "Prime Grameen Easy Loan" scheme which is based on the practical platform of "easy to secure- easy to pay" basis. The CEO/Director of Prime Grameen Micro Finance Ltd., Chaminda Prabath stated that it is their objective to practically espouse the meaning of "Easy loan" through a positive approach.

 

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