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BEYOND MICROFINANCE: Berendina serves rural and plantation communities struggling during COVID-19 outbreak

January 8, 2021adminNews & Events

The COVID-19 outbreak disturbed all segments of the Sri Lankan society economically, with its impact on the market system from producer to the customer. Severely affected were the self-employed rural entrepreneurs/producers operating in a highly competitive open business environment, and daily-waged workers. When the country’s rural economic activities became non-operative, people who acquired loans for business ventures faced the difficulty of repaying their loans.

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Lanka Microfinance Practitioners’ Association

LMPA is the pioneer in microfinance networking among microfinance practitioners in Sri Lanka, and was initiated on the 31st of March 2006. The Lanka Microfinance Practitioners’ Association is incorporated as a non-profit organization under the Companies Act No. 7 of 2007.

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