Paper

Survey Report of Microfinance Institutions Affected by Tsunami

The present state of 41 MFIs in 9 districts struck by the tsunami in Sri Lanka
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This report is a survey conducted by the Sri Lanka Business Development Centre (SLBDC), with the financial assistance of GIZ, to assess the situation of the tsunami struck MFIs, through a structured questionnaire and interviews of officials of relevant MFIs. The survey was conducted in 9 districts of the tsunami affected areas for 41 MFIs.

The findings of the survey were:

  • Some MFIs were not dealing in microfinance activities, or were not in operation, or could not be included in the survey;
  • Some MFIs were with large number of members;
  • Loan disbursement is limited to specific sectors only;
  • Damage and losses are in all aspects and MFIs require reconstruction and rehabilitation on urgent basis.

The report concludes that:

  • Tsunami has hit the MFIs hard;
  • MFIs membership is severely affected;
  • There is an urgent need for reconstruction and rehabilitation.

About this Publication

By Sri Lanka Business Development Centre
Published