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Alliance Finance Company in Sri Lanka offers leasing, loan, and saving products, servicing clients in various sectors such as agriculture, farming, fishing, manufacturing, and trading. In terms of products, 70% of the loan portfolio is in leasing to small and medium-sized enterprises (SMEs), 10% in microfinance, and the rest is spread in hire-purchase and other loans.
The company demonstrates its commitment to supporting financial inclusion and social and environmental sustainability in practical measures. It set up a microfinance division two years ago, focusing on delivering microfinance services to women. Alliance Finance Company is also developing green leasing products such as the lease of low carbon emission-gas toolkits for tuk-tuk (a three-wheeled taxi vehicle) and electric vehicles with a rooftop solar system to charge the battery.
Triodos Microfinance Fund and Triodos Fair Share Fund have provided a joint loan to Alliance Finance Company in order to further grow its contribution to a broader impact through SME financing and microfinance.
KEY INDICATORS as of 31 December 2016:
-number of loan clients: 64,992
-percetnage female clients: 100%
-percentage rural clients: 78%
-average loan amount: EUR 162
-number of savings clients: -
The company demonstrates its commitment to supporting financial inclusion and social and environmental sustainability in practical measures. It set up a microfinance division two years ago, focusing on delivering microfinance services to women. Alliance Finance Company is also developing green leasing products such as the lease of low carbon emission-gas toolkits for tuk-tuk (a three-wheeled taxi vehicle) and electric vehicles with a rooftop solar system to charge the battery.
Triodos Microfinance Fund and Triodos Fair Share Fund have provided a joint loan to Alliance Finance Company in order to further grow its contribution to a broader impact through SME financing and microfinance.
KEY INDICATORS as of 31 December 2016:
-number of loan clients: 64,992
-percetnage female clients: 100%
-percentage rural clients: 78%
-average loan amount: EUR 162
-number of savings clients: -