geo/sri-lanka
Tokyo-based fast-growing financial inclusion platform of seven inclusive financial service providers operating in Cambodia, Myanmar, Sri Lanka, and India.
Paypal’s open digital payments platform gives its more than over 270 million active account holders. better ways to manage and move money and offers flexibility when sending payments, paying or getting paid.
FMO is the Dutch development bank, empowering entrepreneurs in emerging markets, focusing on underserved markets and key sectors for development.
British International Investment (ex CDC Group) is UK’s development finance institution and wholly owned by the UK government. It supports businesses throughout Africa and South Asia.
Leading international banking group that operates across Asia, Africa and the Middle East to bank people and companies driving investment, trade and creation of wealth.
MasterCard’s principal business is to process payments between the banks of merchants and the card issuing banks of the purchasers who use the "MasterCard" brand debit and credit cards to make purchases.
OPIC is the DFC - U.S. Government’s development finance institution. It mobilizes private capital in emerging and frontier economies to address development challenges and advance US foreign policy objectives.
Keshala Jayawardena, the Chairperson of the Regional Development Bank (RDB) of Sri Lanka has noted that a loan scheme launched especially to encourage female entrepreneurs in Sri Lanka to be self-sufficient has been a success. According to Jayawardena, the Bank has made arrangements to grant loans to 50 female entrepreneurs from each of its 267 branches in the country, and aims to grant loans to 13,400 women.
Small and Medium-Scale Enterprises (SMEs) in Sri Lanka account for 80% - 90% of the total number of enterprises, and the development of the sector is the key for resilient national economies, says the Asian Development Bank. Sourcing the facts to the Annual Report of the Ministry of Finance and Planning 2012, the inaugural edition of the Asia SME Finance Monitor notes that the SMEs contributed to 30% of GDP, 20% of exports, 30% of the production value added in the manufacturing sector, and employed 35% of the total workforce.
