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

Batticaloa District
Microfinance Overview
Table 53 Batticaloa District Microfinance Activity
Type of
Organisation
No of
Units
No. of
Savings
A/Cs
Total
Savings
(SLR)
No. of
Loans
Loans
in 2000
(SLR)
CARE 788 4,900,000
CRBs 4 27,331 6,274,000 4,159 3,780,000
Local NGOs 525 37,850
OXFAM 5 286 3,567,021
World Vision 384 4,613,360 600 11,277,743
Total 28,240 10,925,210 5,833 23,524,764
According to the Government Agent, the total population of Batticaloa is
528,000.
Loans
According to the survey, there were 5,833 loans taken in the district during the
year 2000. The total value of loans disbursed for the same period is SLR
23,524,764. An average sum is SLR 4,033.05 per individual loan.
In terms of population, the total number and volume of loans referred to in the
table above is the equivalent of one loan per 90.52 people or SLR 44.55 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 10,925,210. A total of 28,240 savings
accounts were identified. Excluding local NGOs an average of SLR 392.83 per
individual savings account can be calculated.
In terms of population, the total amount of savings as of the close of the year
2000 is the equivalent of SLR 20.69 per person in the district or one savings
account per 18.70 people.