Where we work
Who do we support?
The financial year 2007/2008 has seen impressive growth for Sewa Finance. Loan portfolio increased by over 60% (from Rs. 100m to Rs. 162m) Beneficiaries supported also increased by 60% (from 5537 to 8867) Four new offices were opened - Deniyaya, Chilaw, Dambulla and Kandapola.
Average loan size also increased by 23% (Rs. 22,680 to Rs. 27,813) And all this whilst the PAR (portfolio at risk at 30 days) registered at 1.9% at the end of the year.
Outstanding Loan Portfolio
Sewa Finance is proud to work throughout the country, with significant portfolio in the north and east of the island. It is also proud that more than 15% of portfolio is working to improve the lives of people living in the estate sector. Sewa Finance also continues to support many different types of livelihoods.
Beneficiaries Supported
Sewa Finance predominantly works through community-based organizations and works with over 500 such organizations across the country. During this year it also started disbursing loans to individuals running businesses. Seventy-nine such businesses in the Ampara district were supported. Sewa Finance also aims to cover a broad cross section of ethnicities with its support.