Entrepreneurs Need Help Accessing Markets
The Sri Lankan government’s move to write off microfinance debts and place caps on microfinance rates in the 12 districts of Trincomalee, Ampara, Batticaloa, Jaffna, Mullaitivu, Kilinochchi, Vavuniya, Mannar, Kurunegala, Puttalam, Anuradhapura and Polonnaruwa is certainly a welcome one. It shows clear attention to one of the most significant issues troubling post-war Sri Lanka, a country which, in a round of studies conducted by the Secure Livelihoods Research Consortium was found to be one of two countries to exhibit a high level of sustained indebtedness. Academics and ...Continued