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

Trincomalee District
Microfinance Overview
Table 71 Trincomalee 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 6 90,742 16,867,000 1,221 973,000
Oxfam 22 185,172 1,401 4,799,500
Samurdhi 6 16,301,000 - -
Zoa 35 400,000 143 1,677,800
Total 90,742 33,753,172 2,765 7,450,300
According to the Government Agent, the population of Trincomalee is 355,000.
Loans
According to the survey, a total number of 2,765 loans were disbursed in the
district during the year 2000. The total value of loans disbursed for the same
period was SLR 7,450,300 Excluding Samurdhi (for whom no loans information
was available) an average sum of SLR 2,694.50 per loan can be calculated.
In terms of population, the total number and volume of loans referred to in the
table above is the equivalent of one loan per 128.39 people or SLR 20.99 per
person in the district for the year 2000.
Savings
Savings information is very limited for this district. TCCS savings information is
not available for this district. Samurdhi and Zoa have provided total savings
volume only. Total volume of savings identified is SLR 33,753,172. A total of
90,742 savings accounts were identified. From this an average of SLR 185.88 per
account can be calculated.
In terms of population, the total amount of savings as of the close of the year
2000 is the equivalent of SLR 95.08 per person in the district or one savings
account per 3.91 people.
Local NGOs
No NGOs responded to the survey.