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

Mannar District
Microfinance Overview
Table 63 Mannar 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 2 12,734 8,310,000 - -
DRC 156 205,805 362 7,093,100
OXFAM 4 - - 60 300,000
TCCS - - 88 443,600
World Vision 8 255,175 149 1,940,000
Zoë 16 - - 101 556,300
Total 12,898 8,770,980 760 10,333,000
According to the Government Agent, the total population of Mannar (cleared) is
128,000.
Loans
According to the survey, there were 760 loans taken in the district during the year
2000. The total value of loans disbursed for the same period is SLR 10,333,000.
This equates to an average sum of SLR 13,596.05 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 168.42 people or SLR 80.73 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 8,770,980. A total of 12,898 savings
accounts were identified giving a average of SLR 680.03 per individual savings
account in the year 2000.
In terms of population, the total amount of savings as of the close of the year
2000 is the equivalent of SLR 68.52 per person in the district or one savings
account per 9.92 people.
Local NGOs
The 2 NGOs identified in the survey, the Rural Development Foundation and the
Mannar Association of Rehabilitation and Resettlement are both funded by the
DRC. As of December 2001, the DRC has funded a total of SLR 12,900,000 to
these 2 organisations. In the financial year 2000-2001, DRC allocated SLR 7,
150,000 for RLFs. These figures are included in the DRC’s figures in the table
above.