what we offer

LOLC Development Finance offers a comprehensive range of financial solutions from microfinance, SME loans to fixed deposits.

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  • LOLC Development Finance

    Leasing

    We offer a wide range of vehicle financing facilities, which are personalised to suit each client’s requirement and income. Backed by our expertise in vehicle financing, our customers can enjoy the most flexible and attractive terms.

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  • LOLC Development Finance

    Loans

    LOLC Development Finance supports community growth by uplifting businesses of both aspiring female and male entrepreneurs through its exceptional Micro Individual loans.

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  • LOLC Development Finance

    Fixed Deposits

    Grow your wealth with our personalised solutions that will ensure you meet your aspirations. Enjoy competitive interest rates with the convenience professional customer service

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  • LOLC Development Finance

    Savings

    Capitalise on your wealth with the expertise and stability of LOLC Development Finance. Our savings product is offered through our branches.

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  • LOLC Development Finance

    Speed Draft

    Renowned for its speedy solution to short term financial requirements, the Speed Draft is one of our flagship products that enable customers to obtain short term finances as and when they require it. This facility can be obtained to fulfill a diverse range of business requirements

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 LOLC Development Finance - About Us

About

LOLC Development Finance PLC, formally known as BRAC Lanka Finance PLC was established in 2004 with a view to uplift the livelihoods of the lowest segment of micro lending in Sri Lanka – a segment which is otherwise overlooked by the formal financial sector. LOLC Development is renowned as Sri Lanka’s microfinance company with the highest level of female participation....

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success stories

  •  LOLC Development Finance - Sustainability & CSR

    Devika - Mul Endum

    Devika has been in a traditional business in the area of Poojapitiya since ancient times. But only a few families are involved with the business now. Initially she worked under an aunt of her’s but thanks to a loan received from LOLC Development Finance she was able to start her own business. Devika rapidly upscaled her business and today she is providing employment to 4 girls. She’s getting more and more orders from wedding equipment suppliers and salons. She earns a tidy sum every month and that supplements her husband’s earnings. Devika’s achievements is a testament to the success of LOLC Development Finance’s efforts to discover, mentor and nurture entrepreneurs by inculcating robust business practices by continuing to motivate and drive them towards achieving their life goals.

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  •  LOLC Development Finance - Sustainability & CSR

    Udeni - Horticulture

    Udeni started her business about six years ago when her financial situation was very difficult. She had no working capital to commence another business and was un-bankable. It was LOLC Development Finance that enabled her to start a new business in horticulture. Her initial working capital was funded by an LOLC Development Finance group loan of Rs. 15,000 and she started with growing 500 plants. Over the years she obtained many loans from LOLC Development Finance including an individual loan of Rs. 350,000. Her business is now developed and with a 20000 plants stock at any given time.

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Our Footprints

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  •  LOLC Development Finance - Sustainability & CSR

    LOLC Development Finance PLC Incorporated on the 13th of January 1961, is rated [SL] A- (stable) by ICRA Lanka Limited and is licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act no. 42 of 2011. Eligible deposit liabilities are insured with the Sri Lanka Deposit Insurance Scheme implemented by the Monetary Board for compensation up to a maximum of Rs. 1,100,000/- per depositor

    Customer Protection Principles