| No | Type of Loan | Type of Collateral | Period of Loan | Interest Rate |
|---|---|---|---|---|
| 1 | JICA SME (TSL) Loan | If Collateral are available
(Land and Building and other Immovable Asset) |
1 to 5 Year | 5.5% |
| 2 | JICA SME (TSL) Loan | If no collateral or lesser collateral value | 1 to 5 Year | 10% include CGI |
Schedule of Loan repayment (Principal and Interest)
-
Principal and interest have to repay at every 3 months.
-
Interest repayment date is once per every 3 months and principal repayment date is 1 year
-
Under 3 year period loans have 6 month Grace Period
-
Over 3 year period loans have 1 year Grace Period
Definition of the Small and Medium Enterprise (SME) Development Law
(9th April 2015)
The Small Enterprise
| No | Type of Business | Number of Employee | Investment ( In Millions) | Turnover ( In Million) |
|---|---|---|---|---|
| 1 | Manufacturing Business | Up to 50 | Up to 500 | – |
| 2 | Labour Intensive or Mainly operates piecework business | Up to 300 | Up to 500 | – |
| 3 | Wholesale Business | Up to 30 | – | Up to 100 |
| 4 | Retail Business | Up to 30 | – | Up to 50 |
| 5 | Service Business | Up to 30 | – | Up to 100 |
| 6 | Other Business | Up to 30 | – | Up to 50 |
The Medium Enterprise
| No | Type of Business | Number of Employee | Investment ( In Millions) | Turnover ( In Million) |
|---|---|---|---|---|
| 1 | Manufacturing Business | 51 up to 300 | 500 Up To 1000 | – |
| 2 | Labour Intensive or Mainly operates piecework business | 301 up to 600 | 500 Up To 1000 | – |
| 3 | Wholesale Business | 301 up to 600 | – | 100 up to 300 |
| 4 | Retail Business | 31 up to 60 | – | 50 up to 100 |
| 5 | Service Business | 51 up to 100 | – | 100 up to 200 |
| 6 | Other Business | 31 up to 60 | – | 50 up to 100 |