Bank helps Kilinochchi traders restart destroyed businesses

[TamilNet, Saturday, 03 September 2005, 06:40 GMT]
Social and Economic Development Bank (SEDB) located in Kilinochchi town gave owners of eleven businesses which were destroyed by fire on 18 August loans of Rs 25,000 each on long term concessionary terms to rebuild their businesses, Friday 3 p.m. in an event held in Kilinochchi market premises.

Loan for Kilinochchi merchants
Scene of the businesses destroyed by fire
P Sriskandarajah speaking
P Nithyananthan speaking
Kilinochchi district Special Commissioner, Pon. Nithianthan, speaking at the event said, "We appreciate the gesture of the bank in offering the loan to meet the urgent need of the traders. The legal process to determine compensation will take time and this would have placed a heavy burden on the families of the traders."

Head of Kilinochchi Traders Union, Mr Ratnamani presided the event. Director of SEDB Mr P Sriskandarajah and Secretary of Kilinochchi National Renaissance Movement Mr Pasupathy spoke at the gathering.

Special guests, Kilinochchi district LTTE head of political wing Mr Sivanath, SEDB Commissioner K Prabhakaran, Mr Sivapalan from Kilinochchi district Renaissance Movement presented the loan documents to the affected traders.

Loan for Kilinochchi merchants
Mr Sivanath presents the loan to a trader
Loan for Kilinochchi merchants
SEDB Commissioner Sriskandarajah presenting the loan document
Muslim member of the Kilinochchi Traders Union presenting the loan documents to a trader
Pon Nithyananathan presenting loan document to recipient trader

 

Latest 15 Reports
06.12.19 13:47   Photo
US think-tank lists India's strategic assets in Indian Ocean Region
05.12.19 23:25  
India's former nuclear commander proposes tolerance limits for hot exchange with China
04.12.19 21:28  
Chinese Op-Ed condemns US ‘security’ projection of ‘China threat’ in South Asia
03.12.19 23:27  
Challenging 2006 EU ban on LTTE, next step of legal activism on principled grounds: Mendis
02.12.19 23:24  
China, Pakistan send top diplomats to meet Gotabaya in Colombo
01.12.19 23:46  
Gotabaya seems to have bought 5 years from India to wage ‘development’ genocide in North-East
30.11.19 23:51  
India strengthens defence ties with Japan
29.11.19 18:45  
New Delhi appeases Colombo as Eelam Tamil leaders fail to demand international mediation
28.11.19 07:59   Photo
Collective message from Tamils on Heroes Day: Rajapaksas can’t kill Tamil Eelam dream
27.11.19 10:46   Photo
University students, Shivaji brave SL restrictions on veneration of Tamil Eelam Heroes in Jaffna
26.11.19 23:28   Photo
Colombo attempts to officially block students from marking Heroes Day at Jaffna University
25.11.19 23:32   Photo
People mobilise in resolute to mark Tamil Eelam Heroes Day amidst Rajapaksas return
24.11.19 19:59  
Demand Tokyo Co-chairs, India to bring international mediation between Tamils and GoSL
23.11.19 22:58   Photo
US, Indian think-tanks call for deepening of Indo-Pacific ties ahead of 2+2 meetings
22.11.19 23:13  
Russian naval vessel visiting Hambantota coincides with return of Gotabaya Rajapaksa
 
Find this article at:
http://www.tamilnet.com/art.html?catid=13&artid=15775