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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