LOLC Development Finance

LOLC Development Finance LOLC Development Finance is a subsidiary of the LOLC Group, a leading and vastly diversified conglomerate with global presence.

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 of Sri Lanka. LOLC Development Finance PLC is renowned as Sri Lanka’s microfinance company with the highest level of female participation. The company has now expanded its portfolio from micro loans to include individual customi

zed solutions such as SME loans, home improvement loans, leasing to fixed deposits. 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.

Address

New Building, 481 T. B. Jayah Mawatha
Colombo
01000

Opening Hours

Monday 08:30 - 17:15
Tuesday 08:30 - 17:15
Wednesday 08:30 - 17:15
Thursday 08:30 - 17:15
Friday 08:30 - 17:15

Telephone

+94115889300

Products

Leasing
Loan Services
Fixed Deposits
Savings
Speed Draft

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Our Story

LOLC Development Finance PLC, formally known as BRAC Lanka PLC was established in 2004 with a view to uplift the livelihoods of the lowest segment of micro lending of Sri Lanka – a segment which is otherwise overlooked by the formal financial sector. LOLC Development Finance PLC is renowned as Sri Lanka’s micro finance company with the highest level of female participation. The company has now expanded its portfolio from micro loans to include individual customized solutions such as SME loans, home improvement loans, leasing to fixed deposits.

To be a customer centric, innovative and broad-based financial solutions partner.

MISSION STATEMENT


  • Operate and expand aggressively efficiently and profitably, with special focus on the Micro, Small and Medium Enterprise segment.