Sarvodaya Economic Enterprises Development Services (SEEDS)
Mr. Shakila Wijewardena, Managing Director
Phone: (94) 11-553-7626 ext. 202
Fax: (94) 1-265-5122
Email: shakila@seeds.lk
Web Site: seeds.lk
Product Offerings:
“Credit plus” approach, consisting of the following types of credit: (a) income generating loans, (b) “quality of life” loans; and (c) job creating loans for expanding rural enterprises. Savings and business development services (technical skills building, market linkages, advisory and counseling services and technology development. Institutional capacity building and training programs that help with entrepreneurial skills-building.
Network Member Since:
1999
Legal Status:
Company limited by guarantee (registered under the Companies Act No. 17 of 1982), “wholly owned” by the Sarvodaya Movement
Area of Operations:
Moratuwa, Sri Lanka (operates in nearly all districts in Sri Lanka)
Client Base:
3,060 village societies or banks acting as MFI apex institution, and individuals with SEEDS acting as an MFI direct lender. 58% of all borrowing clients are women
Region:
Asia
Country:
Sri Lanka | Data | 2009 | 2008 | 2007 |
|---|---|---|---|
| Active Clients | 1,313,159 | 1,134,650 | 986,385 |
| Borrowers | 178,509 | 178,509 | 179,366 |
| Savers | 1,134,650 | 1,134,650 | 986,385 |
| Portfolio Outstanding (USD 000) | 33,406 | 34,172 | 36,818 |
| Average Loan (US$) | 323 | 329 | 357 |
| Percentage of Female Clients | 62% | 84% | 89% |
Note: N/A means we don't currently have numbers for that year in that category.