Micro finance (MF) can be defined as the provision of a wide range of financial services such as deposits, loans, payment services, insurance cover and business development services to the poor and low-income households and their micro-enterprises. MF is increasingly recognized as an effective instrument for poverty reduction, employment generation and women’s empowerment. Successive governments in Sri Lanka have recognised MF in their schemes, mainly the previous ‘Janasaviya” Programme and the current ‘Samurdhi’ Programme. Apart from the government, a large number of institutions including cooperative societies, NGO’s, banks and international donor agencies provide various types of MF products and services.

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