Update on the Sri Lankan Microfinance Regulation

  The Microfinance Act No 06 of 2016 was approved by the Parliament in May 2016. Thereafter it was enacted by Gazette in July. During this period and the months that followed, LMFPA had several discussions with the Central Bank and the NGO Secretariat on the regulatory guidelines that would supervise the industry practitioners. The 

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LFSUS assisted 300 poor families for their housing needs

“Lanka Financial Services For Underserved Settlements” {LFSUS} a credit enhancement facility provider in Sri Lanka which assisted by “UN–Habitat”, recently signed a tripartite agreement between Sri Lanka Saving Bank PLC (SLSB) and Rajarata Praja Kendraya-Kekirawa, to grant a bulk loan of LKR Ten (10.0) Million to be granted as sub-loans among 138 low income families 

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Guardian MFI Clients

Gramalaya Urban and Rural Development Initiatives and Network (GUARDIAN) is a micro finance institution (MFI) and a not for profit organization, registered under Sec. 25 of Companies Act 1956. GUARDIAN came into existence in 2007 and it was promoted by Gramalaya, which is a pioneer NGO in the field of water and sanitation for more 

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Village Banking Model: An Innovative Approach of FFO

Village Banking Model: An Innovative Approach of FFO Farmers Friend Organization (FFO) is a specialized microfinance provider working for the socio-economic development of the marginalized communities in Pakistan. To achieve this innovative purpose, the organization provides financial services to poor households in an efficient and effective manner. About 67.5% of the nation’s population lives in 

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CFPA Microfinance Universal Financial Access 2020

Universal Financial Access 2020 (UFA2020) – CFPA Statement – A global financial initiative involving China’s CFPA Microfinance, Ant Financial and Baidu Financial [November 29 – The United States] – Today a global microfinance initiative conference known as Universal Financial Access 2020 (UFA2020) was held in Washington D.C.. Worldwide, 15 new partners joined the UFA initiative 

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ASKI, WTRC program produce skilled graduates

Unemployed men in Cabanatuan City, Philippines are now certified skilled graduates after completing the courses offered by the Men at Work Program of Wholistic Transformation Resource Center (WTRC) and ASKI. A total of 40 fathers/breadwinners, who do not have jobs or stable source of income from not being able to achieve higher education because of 

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ASHRAI Bangladesh- A Savings-Led Model for Fighting Poverty and Discrimination

A Savings-Led Model for Fighting Poverty and Discrimination  Introduction Ashrai (pronounced, “ash roy,” meaning “shelter” in Bengali) is an NGO working among ethno-linguistic minorities living in the Barind Tract in the northwest region of Bangladesh. There are at least a million of these people (referred to as “Adibasis” in Bangladesh) in the region. They include 

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