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LMFPA received several complaints from member MFIs operating in Batticaloa district that the District Secretary of Batticaloa stated that all microfinance activities undertaken by NGOs in the district are to be banned with immediate effect. LMFPA has 5 NGO member organizations serving low income households in Batticaloa. Even an MFI licensed by the Central Bank...

  The Sri Lankan economy benefits tremendously from its Microfinance sector which fulfills the financial needs of the country’s low income segments in a secure and convenient manner. Amongst many evidence available such as various research findings, thousands of successful entrepreneurs emerging and growing through microfinance, the figure bellow exhibits how the poverty level of...

The Lanka Microfinance Practitioners’ Association (LMFPA) held its 14th Annual General Meeting on the 21st of August 2020 in Colombo. During the AGM, the various activities of the Association for 2019/2020 were under review as well as the discussion of the current issues in the Sri Lankan microfinance industry and the actions that the association...

Regulation and impact investment figure prominently in LMFPA’s South Asia Microfinance Conference Sri Lanka hosted its first ever South Asian Micro-Entrepreneurs Network (SAMN) conference recently, with the participation of over 280 micro-finance practitioners and industry stakeholders from across the region. Organised by the Lanka Microfinance Practitioners Association (LFMPA), Sri Lanka’s apex body for the industry,...

The Lanka Microfinance Practitioners’ Association Sets Standards of Practice for its Members A Code of Conduct targeting microfinance practitioners was introduced by the Lanka Microfinance Practitioners’ Association (LMFPA) 24th July 2018, at the Centre for Banking Studies in Colombo. Dr. Sarath Amunugama, Minister of Science, Technology, Research, Skills Development and Vocational Training and Kandyan Heritage...