LOLC micro credit celebrates high achievers at Grade 5 scholarship exam

LOLC Micro Credit Ltd (LOMC), one of Sri Lanka’s largest microfinance providers, successfully concluded its annual ‘ Isuru Diriya Sisu Upahara Scholarship Awards Ceremony’ at the BMICH recently.

This year, the grand felicitation ceremony took place for the 8th consecutive year, awarding over 900 students who passed the 2017 national Grade 5 scholarship examination with flying colours, according to a company media release.

The ‘ Isuru Diriya Sisu Upahara Scholarship’ programme is LOMC’s most dedicated social responsibility initiative which recognises and awards high- achievers of the Year 5 scholarship examination, conducted by the Department of Education. The scholarships are granted on both merit and financial need to the children of LOMC’s more than 450,000 customer base.

This year, LOMC awarded 979 scholarships including cash prizes and gifts of stationery, books, sports items and school shoes, investing approximately Rs. 10 million on the programme. During the official ceremony held at the BMICH, 264 students were awarded with scholarships to support their first steps into secondary school while the gifts and scholarships of the balance 715 students were delivered to their homes. The selection criteria for the Sisu Upahara Scholarship programme continues to be well structured and transparent extending the scholarships to well- deserving students, the release added.

Dr. Harsha de Silva, Deputy Minister of Policy Planning and Economic Development graced the ceremony as the Chief Guest. LOLC Group Deputy Chairman - Ishara Nanayakkara; LOLC Group Managing Director/ CEO - Kapila Jayawardena; Executive Director of LOLC - Ms. Kalsha Amarasinghe, and Director/ Chief Executive Officer LOMC - Ravi Tissera were among the distinguished guests.

The top three achievers of 2017, Somawathige Dinithi Asera Premarathna from Ratnapura, Willaddara Heellage Kavindu Madushan from Tangalle and Pasidu Methpriya Hewagama from Mathugama were recognised and presented with special gifts during the awards presentation ceremony.