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
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