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Loans for war widows

16 August 2010 08:05 pm - 10     - {{hitsCtrl.values.hits}}

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By Sandun A. Jayasekara

The Rehabilitation Authority (REPPIA) will introduce a housing loan scheme on low interest rate to tens of thousands of war widows in the country through the Bank of Ceylon by next month, Rehabilitation and Prison Reforms Minister D.E.W.Gunasekara said.
 

“This soft housing loan scheme is aimed at providing relief to the lowest segment of the society of war affected families where the breadwinner is a widow. The interest rate will be 4%,” Minister Gunasekara said.
 

The cabinet approval has been obtained by Minister Gunasekara for the micro finance scheme financed by the REPPIA. Upto Rs 250,000 can be obtained by war widows through this housing loan.

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  Comments - 10

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  • spark Tuesday, 17 August 2010 02:50 AM

    Perhaps the widows will be again categorised to party supporters, correct?

    Amy. Young Tuesday, 17 August 2010 04:30 AM

    I dont know whether any supervision method came into exsit. It is a good scheme 4 itself. but the otherside is that it might possibly and easily produce corruption. Just as what is mentioned above, its hardly to cover all lobors, so what standard is the use to give loan is a matter.

    ram Tuesday, 17 August 2010 04:49 AM

    certain communities provided free land, house and all other facilities as a victim of terrorism, but these communities are the victim of terrorism 100% more than the others earlier and in addition lost their loved one/ones. why this kind of treatment.

    Akilan Tuesday, 17 August 2010 05:14 AM

    I thought there were zero casualities

    Independent observer Monday, 16 August 2010 08:12 PM

    That's a very good scheme!

    I Hussein Monday, 16 August 2010 08:32 PM

    Can't they provide interest free loans or free houses for the war widows since thier husbands died for the country? A mere Rs.250,000? This will hardly cover the labour!

    Open heart Tuesday, 17 August 2010 06:13 AM

    Soldiers died for their country.give them free homes

    Powerless Monday, 16 August 2010 11:06 PM

    Does he think that widows will be able to pay interest on the borrowings?

    Fazil Tuesday, 17 August 2010 07:27 AM

    This is a good scheme for post-war resettlement and reintegration of affected people but it should be priorities for all communities in the basis of losses. If government consider to interest free loan it will be a sustainable scheme.

    desa Tuesday, 17 August 2010 07:47 AM

    This is a good idea but i feel 250k is a very small amount if you consider it as a "housing loan". Might as well provide them with free houses or some sort of personal loan or for self employment.


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