Kotikawatta Thrift and Credit Co-operative Society Ltd. (KTCCS) from Sri Lanka has joined the ICA as its 274th Member.
KTCCS provides micro-credit and savings facilities to its members, they are also involved in economic social development in their region.
They have many interesting services for their members and the community including running a clothing outlet, banquet facilities with catering service, events, aesthetic classes, and fitness classes such as yoga.
KTCCS had 6,641 individual members in 2010 and 4,800 in 2006. The population of Sri Lanka is estimated to be 20,860,000 in 2010.
In 2011, they had 12,000 account holders of which 7,000 are members, SLR 126 million (CHF 886,000) in member savings, and gave SLR 722 million (over CHF 5 million) in member loans.