Credit Guarantee Scheme (EDP)

Eligibility –

  1. Basic Entrepreneurship Course (BEC) graduates
  2. Comprehensive Entrepreneurship Course (CEC)

Quantum –

  1. 85% of the project cost or Nu. 1,000,000 for CEC whichever is lower.
  2. 100% or Nu. 500,000 for BEC whichever is lower.

Tenure:

  1. Comprehensive Entrepreneurship Course (CEC) – Max.10 Years.
  2. Basic Entrepreneurship Course (BEC) – Max. 5 Years. Standard

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Interest Rates   

10% for Term loan
12% for Working capital
Important Links
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Foreign Exchange Rate
Note Buy Sell
US Dollar 65.90 68.05
Pound 82.20 84.50
Euro 70.00 71.95
Yen(100) 58.20 59.85
Swiss Franc 65.70 67.55
Hongkong Dollar 8.50 8.75
Canadian Dollar 50.30 51.75
Australian Dollar 50.55 51.95
Singapore Dollar 46.45 47.80
Danish Kroner 9.40 9.70
Norwegian Kroner 7.90 8.15
Swedish Kroner 7.40 7.60
      Exchange Rate for  21.02.2017  to 24.02.2017 (kindly note that the above mention rates are only for notes)
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