About CF Lanka Microfinance Company
The CF Lanka Microfinance Company is incorporated on September 3, 2007 as a non-profit making company limited by Guarantee under Companies Act No.7 of 2007 in Democratic Socialist Republic of Sri Lanka and is promoted by Child Fund Sri Lanka. (Former CCF-Sri Lanka), Child Fund staff and several federations of Child Fund affiliated associations. Though the Company is formed in the year 2007, the Micro-Enterprise Development activities were initiated in the year 2001 through Child Fund Sri Lanka project activities in Kegalle/Mawanella and Nuwara Eliya/Walapone Areas. Subsequently in June 2005 Child Fund Sri Lanka formed its Micro-Enterprise Development Unit in order to further developments and improvements to expand its livelihood development through micro-finance program island-wide. In 2007 September CCF SL MED program was converted to a more focused and dedicated Independent Microfinance Institution. Unlike an standard MFI that focuses the MF services to low income segment of the population, the CF Lanka MED program has most of its services targeted to extremely vulnerable poor communities in difficult to reach remote districts of the Country.