Revolving Fund Concept
Since PTDO is a non for profit organization dedicated to the promotion of tourism in Patan, it was decided that the grant received from NFUAJ would be used as seed money for a Revolving Fund that would offer loans to the homeowners at a nominal interest rate so that this fund would be used to fund more similar ventures. PTDO would assist in the management and promotion of these restored houses and the loans could be paid back once the tourist accommodation started operating in order to encourage the homeowners to restore and operate the business themselves. This would not only give financial assistance to the homeowners and increase the number of tourist accommodations in Patan but would also provide wonderful opportunities for the foreign visitors to experience traditional living in an authentic setting.
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