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Ceylinco
Grameen opens branch in Chilaw
The
15th Branch of Ceylinco Grameen Credit Company Limited was opened in
Chilaw by Chairman, Ceylinco Consolidated, Deshamanya Lalith
Kotelawala recently.
This
branch will initially cater to the poor families in Pambara,
Rideewella, Mahawewa and Kudawewa in the Chilaw District to develop
their individual businesses. This branch will cover the poorest
segments of Chilaw in six months time. Further this branch will add
more strength to the widely expanding network of branches of Ceylinco
Grameen Credit Company Limited in the island. They are operating in
Colombo, Bandaragama, Moratuwa, Peliyagoda, Jaffna, Trincomalee,
Vavuniya, Ampara, Kandy, Kurunegala, Anuradhapura, Nuwara-Eliya,
Matale, Badulla with a total membership of over 12000 families at the
end of July 2003.
The
Ceylinco Grameen Credit Company Limited provides small scale loans to
the poorest of the poor who do not have any mortgage or guarantors
with a recovery rate of 100%.
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