Sri Lanka is home to over 20 million people. Although it is an island abundant with natural resources, the country still bears the scars left by a 20-year civil war and the Asian tsunami in 2004. Both of these historic events have left devastating effects on millions of lives.
Signs of development can be seen in the urban areas of the country. But in the far rural regions, examples of poverty remain a poignant reminder that there is still a lot of work to be done to ensure children live healthy and fulfilled lives.
In less developed areas, many families struggle to send their children to school. Small loans provided by our work play a significant role in helping families and their children improve their lives.
We are enthusiastic about our new initiatives and programmes which include:
- Upgrading our online loan-tracking system to accommodate measurement of social performance indicators
- Our loan product range for greater outreach
- Exploring the possibilities of offering housing loans in partnership with World Vision Lanka
Nilanthie and her husband were struggling to provide their three children with basic meals each day.
An initial loan of just US$100 helped Nilanthi set up the little grocery shop (pictured), from where she now smiles.
Nilanthie is now on her third loan cycle and earns enough to feed and educate her children properly.
VisionFund Lanka's Executive Director Prince Nayagam joined our network in Jan 2007. Prior to this, he was Deputy General Manager (Operations) of Hatton National Bank Ltd. in Sri Lanka.
VisionFund Lanka is wholly owned by VisionFund International, and has a board of directors and management team that oversees the work of the MFI.