Annual Report 2008 - Ministry of Finance and Planning
Annual Report 2008 - Ministry of Finance and Planning
Annual Report 2008 - Ministry of Finance and Planning
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
7. Development <strong>Finance</strong><br />
267<br />
Box 7.1<br />
KRUSHI NAVODAYA - Helped them for productive self employment income generating activities.<br />
Mr. W.A. Podinilame<br />
4 1/2, Mile Post, Tabuththegama.<br />
I stared a small sawmill with the financial assistance <strong>of</strong> the<br />
People’s Bank in 1996. It was developed within a very short<br />
period as a medium level saw mill. Nevertheless, it was my<br />
dream to engage in farming from my childhood. Therefore,<br />
I bought a two acre plot using my own funds <strong>and</strong> cultivated<br />
around 2,000 banana plants utilizing the Rs. 100,000 credit<br />
facility provided by the Tabuththegama branch, People’s<br />
Bank under the Krushi Navodaya loan scheme. At present,<br />
I am proud to say that it is the most successful Banana<br />
cultivation in the area. Thanks to a well thought <strong>of</strong> loan<br />
scheme for the small farmers.<br />
Mr. G. Samantha,<br />
Muruthawela, Walasmulla.<br />
Our family is engaged in the cultivation <strong>of</strong> Pineapple on small<br />
scale as the main source <strong>of</strong> earning for long time. However, the<br />
income generated by this cultivation was not enough to cover the<br />
day today expenses <strong>of</strong> my family. Hence, we needed to exp<strong>and</strong><br />
our pineapple cultivation, but I was not in a position to exp<strong>and</strong><br />
it into a more pr<strong>of</strong>itable business due to lack <strong>of</strong> capital. In this<br />
background, I applied for a loan from the Walasmulla branch,<br />
Bank <strong>of</strong> Ceylon <strong>and</strong> they granted me Rs. 100,000 under the Krushi<br />
Navodaya loan scheme to exp<strong>and</strong> the cultivated extent up to<br />
two acres. At present it is a well developed pineapple cultivation<br />
<strong>and</strong> the harvest is being sold retail as well as wholesale enabling<br />
me to an own a lucrative business.<br />
Mr. M. Sutharshan,<br />
Kalawanchikudi<br />
The two acres <strong>of</strong> my family owned l<strong>and</strong> was cultivated with<br />
chilie, utilizing the Rs. 100,000 credit facility provided by<br />
the Kulavanchikudi branch, People’s Bank under the Krushi<br />
Navodaya loan scheme. In addition, I have cultivated coconut<br />
<strong>and</strong> banana in the same l<strong>and</strong> to maximize the utilization <strong>of</strong><br />
the l<strong>and</strong>. Apart from this a water pumping system has been<br />
introduced to ensure the supply <strong>of</strong> water for the cultivation.<br />
I am confident that this would be my main source <strong>of</strong> income<br />
in the near future.<br />
<strong>Ministry</strong> <strong>of</strong> <strong>Finance</strong> <strong>and</strong> <strong>Planning</strong> Sri Lanka<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2008</strong>
Change language