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

Kegalle District
Microfinance Overview
Table 61 Kegalle District Microfinance Activity
Type of
Organisation
No of
Units
No. of
Savings
A/Cs
Total
Savings
(SLR)
No. of
Loans
Loans
in 2000
(SLR)
CRBs 80 316,490 692,939,000 21,418 73,079,000
Local NGOs 365 184,107 1,282 11,224,000
FORUT 8 810 359,610 68 450,428
Samurdhi 44 83,385,000 11,820 73,518,000
SEEDS 149 42,061 32,902,724 5,492 32,996,247
TCCSs 128 332,081,166 15,466 151,753,173
Total 359,726 1,141,851,607 55,546 343,020,848
According to the 2001 Census, the total population of Kegalle is 779,774.
Loans
According to the survey, there were 55,546 loans taken in the district during the
year 2000. The total value of loans disbursed for the same period is SLR
343,020,848. Excluding local NGOs this equates to an average sum of SLR
6,114.49 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 14.04 people or SLR 439.90 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 1,141,851,607. A total of 359,726 savings
accounts were identified. Excluding Samurdhi and TCCSs (for whom individual
savings figures are not available) and local NGOs, an average of SLR 2020.81 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 1,464.34 per person in the district or one savings
account per 2.17 people.