Empowering Citizens Through Development: How Business Finance PLC is Leading the Way
Business Finance PLC, one of the leading financial institutions in Sri Lanka, has taken on the mission to empower citizens through development. With a range of innovative solutions, Business Finance PLC has set out to enhance the livelihoods of individuals and businesses, unlocking their potential and driving sustainable growth. In this article, we will delve into how Business Finance PLC is leading the way in empowering citizens through development and the impact of their initiatives.
The Power of Microfinance
Microfinance has emerged as an effective tool for empowering underserved communities and promoting financial inclusion. Business Finance PLC has recognized the potential of microfinance and has been at the forefront of this revolution. Through its flagship product, ‘Sevana’, Business Finance PLC has been extending microfinance to rural and semi-urban areas of Sri Lanka, providing locals with access to credit and financial services. Sevana has not only empowered individuals to support their livelihoods but has also created job opportunities in rural areas, contributing to local economies.
Unlocking Entrepreneurial Potential
Business Finance PLC has also recognized the potential of entrepreneurship in driving economic growth and improving livelihoods. Therefore, they have taken the initiative to provide support to entrepreneurs in the country. Under its ‘Sathkara’ entrepreneurship development program, Business Finance PLC has been providing credit, training, and mentoring to budding entrepreneurs. Through Sathkara, Business Finance PLC has empowered entrepreneurs to turn their business ideas into reality, contributing to the creation of innovative start-ups and an enabling environment for entrepreneurship.
Driving Digital Financial Inclusion
The digital revolution has brought about significant changes in the financial landscape, promoting financial inclusion and enhancing convenience. Business Finance PLC has been an early adopter of digital technology, introducing innovative solutions to promote digital financial inclusion. Through ‘B-Well’, their mobile banking platform, Business Finance PLC has enabled individuals to access banking services from the comfort of their homes or workplaces. With B-Well, individuals can conduct transactions, check their balances, and make payments without having to visit a bank branch. This initiative has not only enhanced convenience but has also promoted financial literacy and inclusion, particularly among underserved communities.
Conclusion
Overall, Business Finance PLC has emerged as a leader in empowering citizens through development. Their initiatives have focused on providing financial services to traditionally underserved areas and enabling access to credit, training, and mentoring for entrepreneurs. With their innovative digital solutions, they have promoted financial literacy, inclusion, and convenience. By unlocking the potential of individuals and businesses, Business Finance PLC has been contributing to sustainable growth and development in Sri Lanka.
