Biogas loan

You can get Biogas Loan from PRASAC to construct biodigester to generate energy for cooking and lighting. You can also contribute to preserve the environment; and you can have compost fertilizer to grow your crops.

Product Features

• Loan amount: USD 150 to USD 1,000
• Interest rate: 1.2% per month
• Loan term: Up to 24 months
• Repayment mode: Flexibility according to cash flow

Interest Computation

• Declining method is used

Requirements

• Be a majority aged 18 to 65 years old
• Permanent resident
• Have a good record and be reliable
• Have a legal business and regular income
• Have enough capacity to repay the loan and be responsible
• Require to use this loan for the construction of biodigester plant
• Eligible to policy of National Biodigester Programme (NBP)

Required Documents

• ID card, passport, family book, residential book, birth certificate, civil servant ID, or employment ID
• Employment contract
• Land title, land certificate or term deposit certificate
• Other documents on incomes and expenses of family or business