Citizens Development Business Sisudiri awards 100 more scholarships through 12th season

Understanding the importance of providing children a robust education, Citizens Development Business Finance PLC (CDB) continues to empower the educational aspirations of children across the country through their ‘Sisudiri’ scholarship programme, the event which was held at the BMICH on November 4, 2019, for the 12th consecutive year.

‘Sisudiri’ is a platform funded by CDB aiming to empower young dreams and aspirations across the nation by helping children accomplish their personal goals with a solid educational background, moulding a bright future.

Since 2008, CDB Sisudiri has awarded a grand total of 609 scholarships to young, passionate children to fulfill their life’s educational aspirations through a massive total investment of Rs.22.9 million.

Commenting on the successful journey of CDB Sisudiri, CDB Managing Director and CEO Mahesh Nanayakkara said: “For Sri Lanka to have a prosperous and sustainable future, it needs to be led by strong, educated, individuals who possess the right qualities and qualifications to carry this nation forward. CDB strives to empower the aspirations of such future leaders and make their dreams a reality. Through the Sisudiri scholarship programme, we aim to financially empower these young scholars, ensuring the development and growth of tomorrow’s leaders.”

Having considered the vast number of children who are unable to continue their educational dreams due to financial shortcomings, CDB has provided 100 students from underprivileged families, who excelled at the Grade 5 scholarship examination and Grade 11 (O/L) examination in 2018, with scholarships for their higher education.

The students who received Grade 5 scholarships were eligible to receive a cash grant of Rs.50,000 spread over a period of five years until they complete their secondary education. Further, Ordinary Level scholars will be awarded Rs.15,000 annually until they complete their Advanced Level examination. Students who are not holders of CDB ‘Rankati’ Savings account are also eligible to qualify for the scholarships. These students are further encouraged to open a ‘Rankati’ savings account to inculcate a trait for saving from a young age.