Social Performance Report: ECLOF Sri Lanka
ECLOF Sri Lanka is a small microfinance institution operating 8 branches covering the Northern, Southern, and North-Western parts of the country. ECLOF Sri Lanka empowers the vulnerable and poor, especially women and rural dwellers, through accessible and affordable financial and non-financial services.
Officially Sri Lanka is considered an Upper Middle Income Country by the World Bank and lauded for its success in reducing extreme poverty since the 1990-s. 85 % of the poor reside in rural areas but there are pockets of high poverty that prevail even in affluent districts. The poorest districts are those in the post-war Northern Province. ECLOF Sri Lanka intentionally serves especially these geographies : 80 % of loans are made in rural areas and two branches serve the North of the country including the two poorest districts of Kilinochchi and Mannar.