When it comes to spread of outreach, there is an only estimate available for total number of clients and outstanding loan balance (OLB) as information is not available for the entire sector. Only 20 MFIs report to the MIX market and until recently, even the large MFIs operated on a manual basis.
Of the 4.2 mn total families in Sri Lanka, less than 50% could be considered to be the micro credit market. According to GTZ ProMiS 2009 Industry Report, there are over 10,400 microcredit service points in the country suggesting that there is one service point for every 200 families. The distribution of the service points are although not even, there is a reasonable spread of the microfinance branches throughout the country with the exception of the very remote areas of all districts, plantation areas and conflict affected North districts except Jaffna.
RDB and Licensed Specialized Banks: The RDB estimate, on average, 86% of their business is microfinance. The microfinance client base is estimated around 1.85 mn. The RDB was formed by merging regional development banks of the island’s regions of Rajarata, Ruhuna, Wayamba, Uva, Kadurata and Sabaragamuwa in July 2010. For 2009, the total credit distribution of the 6 regional banks (before amalgamation) is around Rs 29,090 mn (USD 253 mn) .
SANASA development bank which is registered as a public company in companies act and in banking act as a licensed specialized bank has operations in all most all the districts in Sri Lanka. Currently, SANASA lends through Primary Thrift and Credit Societies (PTCCS) and to individuals and has an outreach of 516,373 active member, 190,427 borrowers with Rs 10,660 mn (USD 93 mn) as outstanding loan balance (OLB) in 2009.
SBSs: They serve a total of 2.3 mn members and another 227,000 non-member clients. The industry report of Sri Lanka mentions that there are 1,038 Samurdhi Bank societies and reported 5.8 mn deposit and savings accounts and 0.6 mn active borrowers. They had Rs 7.8 mn as OLB and Rs 20.8 mn in savings in 2006.
CRBs and other Cooperatives: Data on the number of clients reached is not available but Central Bank data indicates 1.5 mn loan accounts and 6.5 mn savings accounts across 1,608 CRBs in 2007. Even allowing for multiple accounts, it is likely that CRB’s has over 3 mn members. They had Rs 14.6 mn as OLB and Rs 25.3 mn in savings in 2006.
Sanasa/TCCSs: The outreach of the Sanasa TCCSs in 2007 is Members: 464,632, Borrowers: 55,898, OLB: Rs 523 mn (USD 4.5 mn) and Savings: Rs 522 mn (USD 4.5 mn)