These include projects which improve the ambiance of the council but at the same time improve revenue generation. The funded projects
include construction and renovation of rest houses, lodges, motels, markets, butcheries, houses, access or feeder roads and parking facilities, security fences, water kiosks and office complex.
- No loan limit, but based on the capacity of the council to repay the loan
- Maximum 1 year grace period
- Maximum 10 years repayment period
- Repayment Mode: Mandatory monthly Bank Standing order
- Interest rate at RBM prime minus 1 percent
- Loan processing fee: 1.5 percent of the loan amount
- Collateral: the funded project and property with title deed