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

Matara District
Microfinance Overview
Table 65 Matara 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 24 278,395
Local NGOs 3,285 1,706,633 504 5,030,000
RDBs 15 87,017 268,313,750 34,923 460,073,000
SEEDS 148 42,209 35,828,862 10,272 40,143,739
RDBs 87 375,335 1,195,100,000 36,341 547,215,000
Samurdhi 50 87,889,520 17,555 109,084,000
TCCSs 172 154,750,310 38,426 132,270,390
Total 507,846 1,743,589,075 137,541 1,294,094,524
According to the 2001 Census, the total population of Matara is 761,236.
Loans
According to the survey, there were 138,045 loans taken in the district during the
year 2000. The total value of loans disbursed for the same period is SLR
1,294,094,524. Excluding NGOs, this equates to an average sum of SLR 9,372.22
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 5.51 people or SLR 1,699.99 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 1,743,589,075. A total of 507,846 savings
accounts were identified. Excluding Agromart (who do not provide savings
services), Samurdhi and TCCSs (for whom individual savings figures are not
available) and local NGOs, 504,561 savings accounts totalling SLR
1,499,242,612 give an average of SLR 2,971.38 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 2,290.47 per person in the district or one savings
per 1.5 people.