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   LENDING - CONCESSIONARY LENDING SCHEMES
 
1) Perennial Crops Development Project Scheme
2) Credit Enhancement Facility for Private Enterprises
3) Tea Development Project Scheme
 
1) Perennial Crops Development Project Scheme  

Objectives
To provide support for the development of the Perennial Crop Sector with a view to broaden the agricultural export base.

Salient Features
Eligibility criteria

For Whom
Individuals and registered companies

 
   
For What Purpose  
Field development of perennial crops  
Livestock development with perennial crops  
Nursery operations  
Agro processing  
Market development  

 

Loan Size
Maximum US$ 150,000 (Approx. 13Mn)

Charges
Average Weighted Deposit Rate + 2% p.a.
(currently 12% p.a.)

Term
Maximum of 12 years inclusive of a maximum grace period of 5 years. This will be based on the economic life of the assets financed and the gestation period of the crop.
(Negotiable)

 
FOR A PRINT FRIENDLY VERSION
 
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