Ministry of Economic now accepting applications for GETSET loan

Photo: Sun Online

Ministry of Economic Development is now accepting applications for the 2018 GETSET Youth Entrepreneurship Program.

The applications are accepted until 14:00hrs on 28th June 2018 from the Ministry.

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An official statement by the Ministry stated that applications are accepted from the Ministry of Economic Development located in Boduthakurufaanu Magu. Token numbers will be issued everyday between the hours of 10:00hrs to 13:00hrs.

The GETSET loan is applicable only for youths between the ages of 18 and 35. Applicants can apply for any amount between MVR 300,00 and MVR 800,000. An MVR 200 Million budget has been set by the state for this project. The GETSET loan has a repayment period of nine years with a grace period of one year.

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