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

Moneragala District
Microfinance Overview
Table 66 Moneragala 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 111 1,628,500
Arthacharya 972 122,781 94 563,855
Local NGOs 819 667,539 595 7,965,300
RDBs 6 59,500 67,000,000 10,000 82,000,000
SEEDS 108 20,171 16,517,404 4,420 22,077,260
CRBs 22 41,700 81,638,000 9,973 39,128,000
Samurdhi 25 64,561,000 11,980 48,327,000
TCCSs 66 28,254,955 2,937 10,853,779
Total 123,162 258,761,679 40,110 212,543,694
According to the 2001 Census, the total population of Moneragala is 396,173.
Loans
According to the survey, there were 40,110 loans taken in the district during the
year 2000. The total value of loans disbursed for the same period is SLR
212,543,694. Excluding NGOs, this equates to an average sum of SLR 5,177.23
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 9.88 people or SLR 536.49 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 258,761,679. A total of 123,162 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, 122,343 savings accounts totalling SLR 165,278,185
give an average of SLR 1,350.94 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 653.15 per person in the district or one savings
account per 3.22 people.