Background
Founded in 1958 by Dr. A. T. Ariyaratne with the aim of envisioning people and communities in the country, the Lanka Jathika Sarvodaya Shramadana Sangamaya has today emerged as the largest and the oldest indigenous NGO in Sri Lanka with linkages at a global level.

A voluntary, non-governmental, non-sectarian organization, Sarvodaya was incorporated by an Act of Parliament in 1972, and has the distinction of being a national movement of people, sharing a common vision and a common purpose. Read More

Vision
A Sustainable Livelihood with no poverty, no affluence.

Mission
“To eradicate poverty by promoting economic empowerment for a sustainable livelihood”

Total Number of Clients	1,223,442
Total Number of Active Borrowers	178,509
Male	67,316
Female	111,193
Total Number of Active Depositors	539,698
Male	194,292
Female	345,406

Products and Services delivered to Society Members and Non-Member Individual Loan Clients

Loan Products:

“A” Type Loans – To the poor to capitalize their income generating projects and disburse through Shramadana Societies;

“B” Type Loans – To the moderately poor to meet basic and life cycle needs thereby improving their quality of life and disburse through Shramadana Societies;

“B” Type Solar and Grid Loans – To provide financial services to meet renewable energy needs and disburse to individuals;

“C” Type Loans – To the entrepreneurial poor, to expand viable enterprises thereby creating rural opportunities and disburse for individuals;

Savings Products:

Society Savings – Savings collected from members and maintain in the Shramadana Societies;

Children Savings – Voluntary savings product introduced to improve savings via children’s savings.

Mutual Insurance – This is a strategic product to promote micro insurance to low-income communities in Sri Lanka by SEEDS. This product provides micro insurance cover to members of selected Sarvodaya Shramadana Societies;

Micro Pawning Activities – This is a short term loan product offered to members of Sarvodaya Shramadana Societies on the security of Gold Jewelry articles;

Business Development Services – Business Development Services are provided to Sarvodaya Shramadana Societies for developing new and existing enterprises through Business Counseling, Marketing, Technology Transferring, and Information Dissemination.

(In US$)
Average Loan Balance per Borrower	192
Average Savings Balance per Saver	59
Total Assets	48,767,830
Savings	19,915,363
Equity	6,289,120
Number of Outstanding Loans	178,509
Gross Loan Portfolio	33,854,522
Capital/Asset ratio	12.90%
Debt to Equity ratio	197.61%
Deposits to Loans	180.07%
Deposits to Total Assets	45.90%
Gross Loan Portfolio to Total Assets	69.40%
Return on Assets	-0.90%
Return on Equity	-0.61%

 COMPARATIVE PORTFOLIO STATUS REPORT YR 2006 - 2008

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