HNB, LFSUS, RRWO finance Weeraketiya houses
Hambantota recently saw 38 families gaining financial support, from
Hatton National Bank (HNB) and Lanka Financial Services for Underserved
Settlements (LFSUS), aimed at providing a roof above their heads and a
means of livelihood.
HNB, Strategy Senior Deputy General Manager Nihal Kakulawala
handing over the cheque to Ruhunu Rural Women’s Organization
President Daya Dadallage. LFSUS Chairman and HNB Marketing
and Retail Banking Deputy General Manager Chandula
Abeywickrama and LFSUS CEO Ayanthi Gurusinghe look on
This was provided through the Ruhunu Rural Women's Organization (RRWO)
that has been closely working with the community in Hambantota district
on various projects mainly related to income generating activities.
A loan disbursing ceremony took place on September 8 in Buddhiyagama,
Weeraketiya where the total loan of Rs 10.5 million was granted to the
RRWO to facilitate low income community in the area. The majority of the
families living in the Weeraketiya Divisional Secretariat Division are
mainly engaged in agriculture, fisheries, trading, small cottage
industries, and Government/private sector employments.
Through this project, all the selected beneficiaries will receive on
average a loan of Rs 275,000 per house to be repaid over five years.
This is the first house upgrading project initiated in Hambantota and
is the fourth such project carried out in partnership between the two
organizations in their islandwide program.
The micro loans disbursed to the community are for the sole purpose
of restoring and completing existing basic housing structures. The aim
of HNB and LFSUS in carrying out this initiative is targeted at
providing aid to people in rural areas of the country so as to generate
new prospects through housing finance leading to develop rural economy
and creation of new employment in the area.
LFSUS Chairman and HNB, Marketing and Retail Banking Deputy General
Manager Chandula Abeywickrama said "This loan would create a dual
purpose of providing security and refuge for children and providing of
space to carry on an enterprise within the precincts of one's own home
Expressing his enthusiasm of the outcome of the project, Abeywickrama
observed the keen effort and dedication of the community towards
obtaining the loans. He also said that this project will help lay the
foundation to witness its success in the future.
Lanka Financial Services for Underserved Settlements CEO, Ayanthi
Gurusinghe said "LFSUS intends on creating sustainable projects with the
ability to function whilst being committed to making the low income
sector credit worthy and capable of obtaining loans for housing."
The Weeraketiya Pradeshiya Sabha Chairman Gunethilake Jayasekara also
emphasized on the importance of assisting the low income community
within his Pradeshiya Sabha area.