LOLC Finance has launched its islandwide agricultural awareness and farmer knowledge-sharing initiative, ‘LOLC Govi Diri Danamuthu’, with the programme’s inaugural session held in Moneragala.
The first session brought together 55 farmers for an interactive knowledge-sharing programme focused on enhancing their agricultural expertise, strengthening business capabilities and increasing awareness of key developments affecting the farming sector.
Through the initiative, LOLC Finance aims to support farmers in developing more sustainable and resilient livelihoods while contributing to the long-term growth of local agricultural communities.
The Moneragala programme also provided LOLC Finance with an opportunity to engage with both existing and prospective customers while strengthening its connection with the region’s farming community. Moneragala plays an important role in Sri Lanka’s agricultural sector, with a large number of farmers and agricultural entrepreneurs contributing to the local economy.
The programme featured practical discussions covering areas relevant to day-to-day agricultural operations, helping participants gain knowledge that can support more effective farm management and the development of sustainable agricultural businesses.
A dedicated session was also conducted on preparing for anticipated El Niño conditions. Farmers were provided with practical guidance on adapting agricultural activities, managing potential risks and taking appropriate measures to minimise the possible impact of changing weather conditions on their livelihoods.
DFCC Bank and SLBFE Sign Agreement to Introduce ‘Ethera Diriya’ Housing Loan Scheme for Migrant Workers
DFCC Bank has entered into a partnership with the Sri Lanka Bureau of Foreign Employment (SLBFE) to introduce the ‘Ethera Diriya’ Housing Loan Scheme, aimed at helping Sri Lankan migrant workers use their overseas earnings towards homeownership and greater long-term financial security for their families.
The partnership was formalised through a Memorandum of Understanding (MoU) signed by Asitha Pinnaduwa, Vice President and Head of Products and Propositions, Retail and Business Banking at DFCC Bank PLC, and Koshala Wickramasinghe, Chairman of the Sri Lanka Bureau of Foreign Employment.
Under the new scheme, eligible Sri Lankan migrant workers can access housing loans of up to Rs. 10 million, with repayment periods extending up to 10 years. The financing can be utilised for a range of housing-related purposes, including constructing a new home, purchasing a property, renovating an existing residence or carrying out improvements.
An interest reimbursement mechanism facilitated by the SLBFE is also included as part of the scheme. Eligible borrowers can receive financial relief through the applicable interest subsidy, helping to reduce the overall cost associated with financing their housing needs.
For Sri Lankans working overseas, the opportunity to own a home can represent more than a property investment. It can provide a tangible way of transforming years of work abroad into a lasting asset and a greater sense of security for their families back home.
LOLC Finance Launches ‘Govi Diri Danamuthu’ Islandwide Agricultural Awareness Programme
