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

Galle District
Microfinance Overview
Table 55 Galle District Microfinance Activity
Type of
Organisation
No of
Units
No. of
Savings
A/Cs
Total
Savings
(SLR)
No. of
Loans
Loans
in 2000
(SLR)
Agromart 39 493,000
Arthacharya 2,400 1,159,462 130 1,861,087
CRBs 106 317,696 1,028,276,000 25,920 168,347,000
RDBs 13 101,673 405,655,395 34,309 476,743,000
Samurdhi 64 109,869,000 17,385 109,709,000
SEEDS 161 45,679 42,652,952 5,084 34,529,082
TCCSs 242 161,754,440 30,285 249,491,668
Total 467,448 1,749,367,249 113,152 1,041,173,837
According to the 2001 Census, the total population of Galle 990,539.
Loans
According to the survey, there were 113,152 loans taken in the district during the
year 2000. The total value of loans disbursed for the same period is SLR
1,041173837. This equates to an average sum of SLR 9,201.55 per 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 8.75 people or SLR 1,051.12 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 1,749367249. A total of 467,448 savings
accounts were identified. Excluding Samurdhi and TCCSs (for whom individual
savings figures are not available) an average of SLR 3,161.30 per individual
savings account.
In terms of population, the total amount of savings as of the close of the year
2000 is the equivalent of SLR 1,766.08 per person in the district or one savings
per 2.12 people.
Local NGOs
No NGOs were identified in the survey.