Nation Lanka Finance ventures into Micro Finance

Nation Lanka Finance PLC has launched another ambitious project in the financial services sector.

Venturing into micro finance under the name Dinawamu Lanka was a collective decision of the new Board of Directors, as it was felt that with the expansion in economic activity throughout the country the resources and talents of the rural sector too had to be made use of.

However, for this to be made a reality private sector contribution and participation was imperative.

Micro Finance was found to be a major contributor to the improvement of the national economy of countries, especially in the South Asian region.

Acting on the cue and taking the initiative from this decision Investor Director, Asanga Seneviratne acted in directing and guiding his management headed by Madhawa Edusuriya a stalwart in this industry, who joined the company as General Manager - Micro Finance.

With the further expansion of its branch network with ten new branches planned to be added to its already existing 13 branches, the inclusion of Micro Finance to its portfolio is said to be a fillip to the company's growth.

Chairman, Jayantha Dharamadasa said this is an ideal opportunity for Nation Lanka Finance to honour its corporate social responsibility through this venture, where the rural sector could be harnessed and made contributors and partners to the national growth.

The prime aim of launching Dinawamu Lanka was to genuinely assist the marginalized rural populace especially those of the North and East and villages who had to undergo tremendous hardships prior to the end of the war.