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

Puttalam District
Microfinance Overview
Table 69 Puttalam 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 - - 39 615,000
CRBs 62 225,653 552,700,000 29,343 292,960,000
FORUT 48 2,696 1,988,250 108 667,000
Local NGOs 163 813,410 122 1,192,000
RDBs 10 90,733 152,933,000 98,425 350,208,082
Samurdhi 47 - 104,559,000 9,233 65,181,000
SAP 1,725 289,800 8 200,000
SEEDS 128 33,433 28,116,114 1,451 31,885,162
TCCSs 21 - 232,698,387 9,518 31,568,235
World Vision - - 3,093 13,403,654
Total 354,403 1,074,097,961 151,340 787,880,133
According to the 2001 Census, the total population of Puttalam is 705,342.
Loans
According to the survey, there were 151,340 loans taken in the district during the
year 2000. The total value of loans disbursed for the same period is SLR
787,880,133. Excluding NGOs, this equates to an average sum of SLR 5,202.34
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 4.66 people or SLR 1,117.02 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 1,074,097,961. A total number of 354,403
savings accounts were identified. Excluding Agromart (who do not provide
savings services), Samurdhi, TCCSs (for whom individual savings figures are not
available) World Vision and local NGOs, 354,240 savings accounts totalling SLR
736,027,164 give an average of SLR 2,077.76 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 1,522.80 per person in the district or one savings
account per 1.99 people.