LOLC Micro Credit supports Kilinochchi students
View(s):LOLC Micro Credit Limited (LOMC) recently launched a social responsibility initiative to uplift the facilities of Kilinochchi Maha Vidyalayam in the Northern Province.
Kilinochchi Maha Vidyalayam is the largest school in the Wanni, and while the school’s student population significantly fluctuated during the conflict years, more than 2600 students now attend on a regular basis and over 100 Government teachers serve on the staff.
As part of its social responsibility agenda, LOMC refurbished the computer laboratory of Kilinochchi Maha Vidyalayam and donated 20 desktop computers with a view to making ICT accessible to the students of the school. As phase one of the CSR project, the playground of Kilinochchi Maha Vidyalayam was redeveloped and trees were planted under LOMC’s island-wide tree planting programme, the company said in a media release Speaking about LOMC’s CSR initiative, the Principal of Kilinochchi Maha Vidyalayam, Ms. Jeyanthy Thanapalasingam said, “We can clearly see that LOMC is not a company that has limited itself to being a mere microcredit provider with financial targets. Instead, they are taking the extra step to nurture ties with communities, supporting not only their financial requirements but also extending a helping hand to fulfil their social needs and aspirations. In my view, these are the qualities of a true corporate citizen and Kilinochchi Maha Vidyalayam is privileged to work with an organisation like LOMC”.
The release said that since the establishment of LOMC in 2009, the company has empowered, innovated and created livelihoods and made an enduring impact in many communities throughout the country. LOMC is now the largest microcredit provider in the country with a disbursement portfolio of Rs. 56 billion and a growing borrower base of more than 440,000.