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Revolving Loan Scheme for the Replantation of Sugarcane
Revolving Loan Scheme for the Replantation of Sugarcane
Maximum Loan Amount
Rs 60,000 per arpent
Interest Rate
2.5% p.a
Repayment Period
4 years
Purpose of Loan
To meet cost of replantation of sugar cane
Financing
90% of cost of project
10% own funds
10% own funds
Eligibility
Planters who are registered with Mauritius Sugar Syndicate, Cooperative Unit or Metayer.
Security
As per DBM Terms and Conditions