Lb finance has again borrowed $ 8 million to support the micro and SME sectors in Sri Lanka l b finance

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#EconomySamugam #Lbfinance

Lb finance has again borrowed $ 8 million to support the micro and SME sectors in Sri Lanka. The money comes from a diversified fund overseen by Swiss-based ResponsAbility investment AG, which supports small businesses. The main organizer is Alpen Capital, a Delhi – based business consulting firm.

Lb Finance is set to complete its 50th anniversary in 2021, having already received a $ 15 million loan from a Dutch entrepreneurial development bank last May. The purpose of two-time loans is to provide financial assistance to small or medium-sized businesses. Lb finance has come forward to provide loans for these companies as they are mostly explained mainly from government loan opportunities. In this regard, lb finance believes that the contribution of small businesses to the overall development of the country is likely to increase.

Summit Adihedi, Managing Director, lb Finance, said: “We are proud to be one of the very few companies in Sri Lanka to be eligible for long-term dollar loans.
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Lb finance has again borrowed $ 8 million to support the micro and SME sectors in Sri Lanka

Lb finance has again borrowed $ 8 million to support the micro and SME sectors in Sri Lanka

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Lb finance has again borrowed $ 8 million to support the micro and SME sectors in Sri Lanka
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