Commercial Bank is the biggest lender overall to Sri Lanka’s small and medium enterprises (SME) sector and the second biggest lender to the country’s agriculture sector. In 2023, the Bank lent Rs 231.655 billion out of the total loans of Rs 704.142 billion to SMEs, accounting for...
The loans will be subjected to a maximum of 50 million rupees. December 31, 20241 min read Sri Lanka's Asia Siyaka buys fertilizer startup, to give billion rupee loan guarantee A further 76.5 million rupees will be invested "on a staggered basis" after spending Rs178.5mn for control ...
displacing Tamils and thus denying them a source of income from arable land. This creates a situation where the local populace is becoming increasingly economically dependent on the military. Fourteen of Sri Lanka’s army divisions are based in the Northern province alone. These divisi...
In the case of ID projects, the funds are mostly received as loans by the government. If the project is delayed, the government may have to count the extra money as interest on the loan. Furthermore, due to the delay, the project may miss one cropping season, which could negatively ...
Not because he loves the nation but not having enough dollars to cover huge loans taken by his brother et al , the buggers have stopped import of agro chemicals within an overnight. His brother mafia boss and his previous Junta regime allowed even internationally banned ...
Nevertheless, lack of crop insurance and the inability to repay loans could be some of the plausible reasons for suicides among farmers. In some areas such as mountainous regions of Nepal, climate change can have positive impacts on yields, particularly on wheat (Table 1). However, rice and ...
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Access to land should remain easy for farmers, but they must also have access to local markets thanks to good roads and to loans, as well as to training and technologies that will raise production. They ought to be protected against climate risks. There were some experts who made a strong...
and agricultural loans and credit mechanisms. However, for effective implementation on the ground, there were still challenges ahead—not least scientists having to win the trust of farmers, who were largely considered “traditional” in their approach to agriculture, to encourage them to plant these...
Food businesses bank on sustainability-linked loans New form of lending surges but barriers deter wider take-up Blended finance eases burden for farmers in poor countries Development agencies are tapping private capital to boost rural prosperity High-tech tools shine a light on sustainable farming Sate...