$ 150 million from US funding to support community-based women entrepreneurs

The United States government has disbursed $ 150 million in financing to DFCC Bank to support sustainable development of Sri Lankan community-based businesses, the US Embassy in Colombo said.

 

This is the largest loan disbursement by the U.S. Development Finance Corporation (DFC) for Sri Lanka, and it is part of a $ 265 million commitment designed to support the local Micro, Small, and Medium Enterprise (MSME) sector, especially women-led enterprises in Sri Lanka.

 

Through this partnership, DFCC Bank will provide lending solutions in priority sectors and support Sri Lanka’s commitment to achieve the United Nations Sustainable Development Goals, particularly enhancing the country’s efforts to promote women entrepreneurship.