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The world’s most global inclusive finance platform originating from Sri Lanka is transforming global communities
Success didn’t happen overnight for U Thant Zin, nor did it come easily. U Thant Zin is a paddy farmer in Auglan, Myanmar. For smallholder farmers like him, the lack of collateral and expertise in the agricultural sector remain significant barriers to obtaining financing. Defying the odds, LOLC Myanmar lent an agricultural loan to U Thant Zin amounting to US$ 670 in 2019. Currently, he is the proud owner of a 10-acre paddy field owing to hard wor...
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LOLC Al-Falaah secures ‘Best Islamic Leasing Provider - Global’ for the third consecutive year at IFN Awards 2022
Reaffirming its status as the most adorned Alternate Financial services brand in Sri Lanka, LOLC Al-Falaah emerged as the Best Islamic Leasing Provider, once again, in the annual Islamic Finance News-Non Banking Financial Institution (IFNNBFI) Global Polls for 2022. LOLC Al-Falaah has brought glory to the organization by retaining this prestigious IFN-NBFI award for the 3rd consecutive year. Maintaining consistency in its compliance, innovation...
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Gal Oya - The critical pillar of social upliftment in Ampara
Looking at the thriving and prosperous Gal Oya sugarcane farmer community today, it is hard to believe that they were in despair due to the shutdown of the Hingurana Sugar Factory in 1997, as they depended entirely on the sugar factory for buying their sugarcane harvest. Although the factory had been abandoned for over a decade, the Browns Group evinced an interest in reviving the erstwhile Hingurana Sugar Factory. Now known as Gal Oya Plantation...
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Gal Oya Plantations - A Role-Model for Profitable Public-Private Partnerships
At a time when enhancing profitability of public enterprises is an urgent need to boost the national economy of Sri Lanka, the revival and turnaround of Gal Oya Plantations (formerly known as Hingurana Sugar factory) by LOLC is an embodiment of how the nation’s assets can be enhanced through professionalism and expertise by the private sector. Underperforming state enterprises are a drain on state coffers as has been seen only once too often. How...
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LOLC Finance reintroduce its latest branch in Kiribathgoda
LOLC Finance PLC, the largest Non-Banking Financial Institution (NBFI) in Sri Lanka, aligned another branch of their network under the LOLC Finance umbrella, which was renamed as ‘LOLC Finance Kandy Road Branch’, whilst the existing LOLC Finance Branch operating down Makola Road has been renamed as ‘LOLC Finance City Branch’. The relocated branch was officially declared open by Mr. Conrad Dias, Chairman of LOLC Finance PLC together with Mr. Kris...
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LOLC Finance Keeps Growing In Kandy
LOLC Finance, the largest Non-Banking Financial Institution (NBFI) in Sri Lanka further extended its footprint in Kandy through renewing another iconic location of the group acquired earlier this year as ‘LOLC Finance Kandy - City Branch’. The new branch is situated in an iconic location at the heart of Kandy city, and was declared open on the 03rd of November 2022 at No. 11, Hill Street, Kandy. The grand opening ceremony of the Kandy City Branc...
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LOLC venture into another humanitarian effort through Divi Saviya
Continuing to drive through the LOLC Divi Saviya humanitarian effort, LOLC Holdings commenced another community project focusing to fulfil the nutritional requirements of school studentsthis time, through “Daruwan Wenuwen Api”. The project was conceptualized by Matha Foundation, and was a joint launch with Ministry of Education, Sri-Jayawardenepura Kotte Divisional Secretariat and LOLC Holdings, as the core sponsor. The program offers a series o...
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