Sri Lanka, Oct. 22 -- The Sub-Committee appointed by the Ministerial Consultative Committee on Rural Development, Social Security and Community Empowerment has instructed officials to take steps to collect data on individuals who are unable to repay microfinance loans in 4 Divisional Secretariat Divisions in the districts of Nuwara Eliya, Batticaloa, Polonnaruwa and Colombo.

The directive was issued during a meeting of the Sub-committee on Future Steps to Address the Microfinance Lending Problem held in Parliament recently (10) under the patronage of its Chairperson, Member of Parliament Samanmalee Gunasinghe.

The Chairperson of the Sub-Committee stated that as a pilot project data will first be collected from four Divisional Secretaria...