Bio-gas loans

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 250 to USD 1,000
  • Interest rate: 1.2% per month
  • Loan term: 1 month to 24 months
  • Repayment mode: flexible

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 enough capacity to repay the loan and be responsible
  • A need of biodigester construction plan
  • Eligible to policy of National Biodigester Programme (NBP)

Required Documents

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