Rose Micro Credit members of various villages in Ampara district have the opportunity to apply for loans of more than SLRs. 200,000.00 from the Micro Financing of Commercial Bank in Kalmunai.
In order to;
• Promotes small time businesses
• Assists with daily financing
in the area Commercial Bank in Kalmunai joint hands with Rose Micro Credit to assist members of Rose Micro Credit. The Commercial Bank selects members with limited capital who require an infusion of funds daily or every other day. They define these members as Small time Businessmen and women. The Commercial Bank in Kalmunai assists such persons with micro-financing at very low rates of interest.
By a cautious process, qualified Rose Micro Credit members have been selected and recommended for their loans from the Bank. As of to date 54 members (10 males and 44 females) have been qualified and have received their loans.
A sum of SLRs. 10,025,000.00 has been dispersed to Rose Micro Credit Members by The Commercial Bank in Kalmunai.