Micro finance loans obtained by 75,000 women, upto the ceiling of 100,000 rupees, written off with effect from yesterday

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Minister Mangala Samaraweera says, micro finance loans obtained by 75,000 women, upto the ceiling of 100,000 rupees, across 12 districts affected by the drought, were written off with effect from yesterday. Women who obtained loans from finance companies and micro finance companies that are members of Lanka Microfinance Practitioners Association, have been granted this relief. Speaking at a media briefing held in Colombo today the Minister said, this is the first time in history that a government has come forward to grant relief those faced with difficulties, to this extent.

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