Kathmandu, June 29 Earthquake survivors of three districts — Dhading, Rasuwa and Nuwakot — will now be able to obtain concessional loans to conduct income-generating activities for livelihood restoration. The Livelihood Restoration Credit scheme, launched today by the Sana Kisan Bikas Bank Ltd (SKBBL) — a microfinance institution — offers credit at an interest rate of five per cent to the quake survivors. SKBBL has been mobilising the government’s fund, which it received as grant from the Asian Development Bank (ADB). The Ministry of Finance has extended Rs 640 million to SKBBL to finance income-generating activities of the earthquake-affected districts and conduct reconstruction-related training. According to SKBBL, Rs 550 million will be mobilised through cooperatives to issue concessional loans to the affected households of aforementioned three districts. And Rs 90 million will be mobilised to conduct training programmes of carpentry, masons, among others to prepare human resources to support the reconstruction drive. Training activities will be conducted in worst-hit nine districts, apart from the three in the  Valley. Under soft loan scheme, a total of 12,500 households in earthquake-hit Dhading, Rasuwa and Nuwakot will be benefited, as per SKBBL. The fund that SKBBL received from the government at zero interest rate has a payback period of five years. Similarly, the SKBBL has fixed payback period of three years when extending such loans. The Ministry of Finance released the fund to SKBBL last week. SKBBL today handed over the fund to some of its member cooperatives by organising a function in the Capital. The cooperatives will issue credit of up to Rs 50,000 to each household. Ministry of Finance has provided the fund to SKBBL under ‘Disaster Risk Reduction and Livelihood Restoration Project’, which was approved by ADB in October 2015. With $15 million grant funding by the Japanese government, the project aims to accelerate reconstruction and livelihood restoration of the earthquake affected areas, with a focus on small and marginal farmers and landless households that were most heavily affected by the disaster.