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

Ratnapura District
Microfinance Overview
Table 70 Ratnapura District Microfinance Activity
Type of
Organisation
No of
Units
No. of
Savings
A/Cs
Total
Savings
(SLR)
No. of
Loans
Loans
in 2000
(SLR)
Arthacharya 968 495,924 90 379,800
CRBs 90 298,653 889,296,000 45,318 425,010,000
Local NGOs 4,637 2,791,611 685 3,336,414
Samurdhi 46 138,154,000 23,558 117,528,000
SAP 925 155,400 10 250,000
SEEDS 127 24,109 28,099,703 5,270 34,772,321
TCCSs 24 170,200,610 8,366 9,483,916
Total 329,292 1,229,193,248 83,297 590,760,451
According to the 2001 Census, the total population of Ratnapura is 1,008,164.
Loans
According to the survey, there were 83,297 loans taken in the district during the
year 2000. The total value of loans disbursed for the same period is SLR
590,760,451. Excluding NGOs, this equates to an average sum of SLR 7,110.64
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 12.10 people or SLR 585.98 per
person in the district for the year 2000.
Savings
Total savings in 2000 amount to SLR 1,229,193,248. A total of 329,292 savings
accounts were identified. Excluding Samurdhi and TCCSs (for whom individual
savings figures are not available) and local NGOs, 324,655 savings accounts
totalling SLR 918,047,027 give an average of SLR 2,827.76 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 1,219.24 per person in the district or one savings
account per 3.06 people.