Commercialization of Microfinance - Sri Lanka

Abstract

This report analyzes the progress toward commercialization made to date in Sri Lanka’s microfinance industry, which is relatively large and diverse in terms of outreach and institutional types compared to that in other countries in the region. The report also explores the remaining challenges and the implications for a wide variety of stakeholders including microfinance clients, practitioners, government officials, and funding agencies. In addition, it recommends positive approaches to the commercialization of microfinance while preserving the traditional social objective of microfinance institutions (MFIs) of expanding access by the poor to financial services.