Lanka ORIX Micro Credit (LOMC), the microfinance arm of the LOLC Group, recently celebrated the opening of its 50th Isuru Diriya Centre (IDC) located at the Bingiriya Post Office.
LOMC CEO Ravi Tissera and Head of Regional Branch Network Ashan Nissanka graced the ceremonial event as Guests of Honour. With its 50th branch opening, LOLC Isuru Diriya Centres have effectively covered most parts of the island, including the North and East, with the most recent centres opened in Chenkaladi, Kalmunai, Akkaraipattu, Pothuvil, Maho and Hatton, the company said in a press release.
“LOMC’s Isuru Diriya Centres are set up consequent to the strategic partnership established between LOLC and Sri Lanka Post to offer micro credit services to rural communities situated at interior locations around the country where most financial institutions may be reluctant to enter due to inaccessibility, lack of infrastructure and isolation from the more preferred metropolis. With a vast network of over 600 Post Offices and over 3,000 Sub-Post Offices located across the island, Sri Lanka Post gives LOMC the opportunity to reach the rural communities around the country, and it has already opened its 50th IDC outlet within a relatively short period,” it said.