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

Nuwara Eliya District
Microfinance Overview
Table 67 Nuwara Eliya 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 47 168,975 278,320,000 19,014 135,855,000
Local NGOs 10,284 2,345,153 683 4,470,250
RDBs 52,721 191,954,000 15,845 113,599,000
Samurdhi 34 63,882,000 8,622 67,738,000
SAP 825 138,600 15 375,000
SEEDS 141 36,240 11,424,506 949 9,472,375
TCCSs 24 30,719,767 2,150 4,918,513
Total 269,045 578,784,026 47,278 336,428,138
According to the 2001 Census, the total population of Nuwara Eliya is 700,083.
Loans
According to the survey, there were 47,278 loans taken in the district during the
year 2000. The total value of loans disbursed for the same period is SLR
336,428,138. Excluding NGOs, this equates to an average sum of SLR 7,124.32
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 14.81 people or SLR 480.55 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 578,784,026. A total of 269,045 savings
accounts were identified. Excluding Samurdhi and TCCSs (for whom individual
savings figures are not available) and local NGOs, 258,761 savings accounts
totalling SLR 481,837,106 give an average of SLR 1,862.09 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 826.74 per person in the district or one savings
account per 2.60 people.