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

Kurunegala District
Microfinance Overview
Table 62 Kurunegala 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 - - 59 822,000
Arthacharya 1,800 1,142,963 140 6,325,970
Local NGOs 2 142 599,271 559 5,650,685
RDBs 18 120,289 252,325,000 49,327 411,911,000
SAP 870 146,160 17 425,000
SEEDS 174 55,741 59,047,185 14,911 54,422,889
CRBs 192 857,959 2,245,710,000 87,123 125,4877,000
Samurdhi 119 - 253,935,000 42,117 304,819,000
TCCSs 248 - 654,122,432 44,197 398,967,531
Total 1,036,801 3,467,028,011 238,450 2,438,221,075
According to the 2001 Census, the total population of Kurunegala is 1,452,369.
Loans
According to the survey, there were 238,450 loans taken in the district during the
year 2000. The total value of loans disbursed for the same period is SLR
2,438,221,075. Excluding NGOs, this equates to an average sum of SLR
10,225.57 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 6.09 people or SLR 1,678.79 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 3,467,028,011. A total of 1,036,801 savings
accounts were identified. Excluding Agromart (who do not provide savings
services), Samurdhi and TCCS (for whom individual savings figures are not
available) and local NGOs, 1,036,659 savings accounts totalling SLR
2,558,371,308 give an average of SLR 2,467.90 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 2,387.15 per person in the district or one savings
account per 1.4 people.