Bank of Ceylon Youth Loan Success Stories

How Isiri Senara’s Entrepreneurial Vision Flourished with BOC Youth Loans

In a world where dreams often seem distant, Isiri Senara Galagama’s journey is serving as an example to the power of perseverance and support. At just 23, Isiri is not only a dedicated student at Sri Jayawardenapura but also the visionary Director of Ojil Private Limited, a thriving business that manufactures coir for the export market.

Hailing from Kuliyapitiya and having studied in Kurunegala, Isiri’s ambition to become an entrepreneur ignited at a young age. Balancing her studies and a burgeoning business, she turned her childhood dream into a reality. “Anyone can start a business while studying if they are dedicated enough,” she says, highlighting the potential for young entrepreneurs to achieve their goals with the right support.

?Isiri discovered the BOC Youth Loan Scheme through a friend and decided to explore this opportunity further. Her visit to the Vishakha branch was life changing. “The branch manager advised me on how to proceed, and their support throughout the loan issuance process was invaluable,” she recalls. This guidance was instrumental in transforming her business proposal into a viable project.

Despite the challenges of securing a loan as a student with no income, Isiri found a strong ally in the Bank of Ceylon. “It’s hard to obtain a loan when you are a student with no income. The Bank of Ceylon’s support was crucial in helping me launch my business,” she reflects. The loan provided not only financial assistance but also a confidence boost, making the dream of becoming her own boss achievable.

Isiri’s story is about turning aspirations into achievements and creating job opportunities in her community. There is no greater satisfaction than being your own boss, and Isiri’s journey embodies this sentiment perfectly. The Bank of Ceylon’s commitment to nurturing young talent through initiatives like the BOC Youth Loan Scheme is helping countless dreams come true, one success story at a time.

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How Madhava Mihiran's Photography Dreams Took Flight with BOC Youth Loans

In Kandy, a young man named Madhava Mihiran has transformed a passion into a thriving business, thanks to the Bank of Ceylon’s (BOC) Youth Loan Scheme. At just 25 years old and in his final year at Sri Jayawardenapura University, Madhava's journey from hobbyist photographer to successful entrepreneur is proof to the power of dreams supported by the right opportunities.

Madhava's love for photography began six years ago as a hobby, capturing moments from weddings, parties, and events. As technology evolved, he realized that to stay ahead, he needed to upgrade his equipment. That’s when he discovered the BOC Youth Loan through a friend.

“I never knew that there was a loan program like this in the banking industry,” Madhava shared. “The BOC Youth Loan was a game changer for me. It allowed me to modernize my camera equipment and stay competitive in a rapidly advancing field.”

Managing a business while completing his studies presented its challenges, but Madhava learned to balance both responsibilities effectively. “There was pressure initially, but I’ve managed to juggle both my studies and business,” he said. His experience with the bank was equally encouraging; he found the branch manager's assistance invaluable in navigating the loan process.

Madhava's story is not just about personal achievement but also about the potential of the BOC Youth Loan to empower others. “I encourage aspiring entrepreneurs to consider this loan,” he advised. “It’s a supportive step towards turning your plans into reality. With the right resources, you can succeed while managing your studies.”

Madhava's success goes on to show how the BOC Youth Loan can make a significant difference for young entrepreneurs, providing them with the financial support needed to grow their businesses and achieve their dreams.

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How Janith Fonseka Turned His Ornamental Fish Business Into an International Success with BOC Youth Loans

26-year-old Janith Rukshan Fonseka embarked on a journey that many only dream of. With a deep passion for ornamental fish and a vision to revolutionize the market, Janith’s dream was to make a mark not just locally, but globally. What began as a local venture now spans markets in the Middle East and Europe, thanks in no small part to the support he received from the Bank of Ceylon's Youth Loan Scheme.

Starting his business just a year ago, Janith’s journey was driven by his desire to make a mark and provide opportunities for others. "I always wanted to provide jobs for people and saw immense potential in this industry," he shared. His commitment to balancing studies with entrepreneurship was initially challenging, but Janith learned to manage his time effectively.

?Discovering the BOC Youth Loan through an advertisement, Janith approached the Dalugama branch, where he received invaluable guidance from the branch manager.

Despite initial skepticism about high-interest rates, Janith was reassured by the bank's competitive 7% interest rate and manageable repayment terms. “The advice and support from the bank were crucial. They helped me expand my capacity, purchase essential equipment, and turn my business into an international success.”

Janith’s expansion into global markets has proven lucrative, with significant earnings from the Middle East and growing recognition in the United Kingdom and America. Reflecting on his journey, he encourages aspiring entrepreneurs: "Take the risk and pursue your passion with everything you've got. The support from BOC can help you achieve your goals and look back with pride."

Thanks to the BOC Youth Loan, he has not only built a successful business but also contributed to the global market, showing that with the right support, dreams can indeed become a reality.

If you have a dream, don’t let financial constraints hold you back. Just like Janith, you too can turn your aspirations into reality with the right support and a lot of passion.