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Establishment of an Entrepreneur Financial Centre in Sri Lanka (EFECS)

Cooperative Development Organisation

Implementing Partners and Organisations

Global Affairs Canada, SANASA

Period of Implementation

June 2016 - June 2021

Geographic scope

Asia-Pacific: Sri Lanka


$ 7,112,211
€ 6 773 534


Bilateral Aid: Global Affairs Canada


Agriculture & Fisheries, Banking & Financial Services, Tourism & Culture

Type of Activity

Networking, Research & Study, Technical Assistance & Advisory, Training & Capacity Building, Value Chains / Socioeconomic Circuits


Results as of June 30, 2021 (end of project) 1) Loans granted to 17,012 MSMEs, of which 10,417 are led by women 2) Business management training for 8,053 entrepreneurs, including 5,641 women 3) Introduction of 3 new credit products adapted for value chain financing 4) Launch of 2 insurance products designed for the risk management of agricultural production supported by the project 5) Distribution of 12 training modules on topics such as change management, self-esteem and bookkeeping 6) Training for 1,978 SANASA network employees so they can provide technical assistance for gender-specific products and services

Project Objectives

To give entrepreneurs greater access to financial and non-financial products and services and to improve the local economy in a sustainable way.

Impact on SDGs

SDG1 - No Poverty
SDG2 - Zero Hunger
SDG5 - Gender Equality
SDG8 - Decent Work and Economic Growth

Local stakeholders


Key Tags

Entrepreneurship, Food Security, Gender