Commercial Leasing Company Ltd.
Commercial Leasing Company Ltd. (CLC) in Sri Lanka provides finance to small enterprises based on hire purchase and through leasing. The entrepreneurs use these finance predominantly to acquire machinery and transport vehicles. CLC is active in the lowest segment for leasing and provides relatively small loans. Triodos Fair Share Fund and Triodos Microfinance Fund have provided CLC with a loan to realise a further growth.
KEY INDICATORS Commercial Leasing Company Ltd. at year-end 2012:
- number of loan clients: 62,894
- percentage female clients: 19%
- percentage rural clients: 57%
- average loan amount: EUR 2,359
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.