National Microfinance Study of Sri Lanka: Survey of Practices and ...

Within the loans from SEEDS funds there are different loan products categorised
as type A for income generation and micro enterprise loans, type B as loans for
improving living standards (housing, solar home systems and education) and type
C for small enterprise development for employment generation.
SEEDS microfinance performance is shown in the table below:
Table 30 SEEDS Microfinance Activity - 2000
District
No of
Units
Total
Savings
Accounts
As of
31st Dec.
2000
Total Savings
Amount as of
31 st December
2000
(SLR)
No. of
Loans
During
Financia
l Year
2000
Amount
Disbursed
During
Financial
Year
2000 (SLR)
Total
No. of
Loans
as of
Dec.
2000
Total
Amount of
Loans
as of
December
2000 (SLR)
Anuradhapura 165 35,758 33,118,689 9,008 46,017,262 28,102 131,878,705
Badulla 146 35,530 15,118,123 2,026 23,847,453 39,669 99,361,148
Colombo 145 73,181 106,508,190 45,680 147692525 135,559 350,914,712
Galle 161 45,679 42,652,952 5,084 34,529,082 34,992 114,253,673
Gampaha 140 42,623 56,680,541 20,221 74,133,875 81,614 251,095,375
Hambantota 136 23,281 24,797,551 5,319 26,545,343 28,656 131,284,470
Kalutara 129 28,544 34,000,585 3,620 31,686,214 100,613 156,105,685
Kandy 160 39,085 38,668,115 5,833 27,206,504 26,956 108,751,234
Kegalle 149 42,061 32,902,724 5,492 32,996,247 35,617 145,782,733
Kurunegala 174 55,741 59,047,185 14,911 54,422,889 81,753 244,789,789
Mahiyanganaya 135 34,761 18,109,501 9,077 34,812,,091 38,141 113,748,102
Matale 125 31,348 18,979,483 10,977 29,478,043 37,997 94,705,765
Matara 148 42,209 35,828,862 10,272 40,143,739 61,908 153,503,149
Moneragala 108 20,171 16,517,404 4,420 22,077,260 23,785 84,010,364
Nuwara Eliya 141 36,240 11,424,506 949 9,472,375 17,019 48,117,439
Polonnaruwa 87 18,518 25,906,768 12,155 46,746,553 49,857 182,595,256
Puttalam 128 33,433 28,116,114 1,451 31,885,162 61,093 106,965,548
Ratnapura 127 24,109 28,099,703 5,270 34,772,321 38,265 86,104,228
Total 2504 662272 626476996 171765 748464938 921596 2603967375
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In addition to SEEDS own revolving loan funds SEEDS borrows from the NDTF,
IRDPs, ISURU project, other government projects, banks and donors to finance
these loans. SEEDS monitors loan repayment rate at two levels current and
cumulative these were 93% at the end of year 2000. SEEDS also monitors a few
other performance indicators such as cost recovery rate, number of loans per field
officer, portfolio at risk (more than 12 months over due).
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