“The BOC Ran Liya Loan Scheme was a major turning point for my business”

  • Story of D.M.T Kumarihami, Founder of Samadhi Handicrafts

The Bank of Ceylon (BOC) Ran Liya Loan Scheme is helping women-led businesses grow by providing financial assistance and practical support. The programme is designed to help small businesses expand, create jobs, and reach new markets. More than just a loan, it offers financial advice and guidance to help businesses manage their resources effectively.

One of the success stories from this initiative is D. M. T. Kumarihami, the Founder of Samadhi Handicrafts, who was able to rebuild her struggling business with support from the BOC Ran Liya Loan Scheme.

Kumarihami’s business, Samadhi Handicrafts, focuses on women’s clothing and accessories. Like many entrepreneurs, she faced serious challenges during the COVID-19 pandemic, which left many small businesses struggling to survive. With resources running low and sales declining, she was at risk of closing her business. However, with help from the Bank of Ceylon, she was able to turn things around.

“Through my hard work and with the support of the Bank of Ceylon, I was able to turn a struggling business into a successful one. If I have a clear goal and put in the effort, I can overcome any obstacle,” she said.

Kumarihami first heard about the BOC Ran Liya Loan Scheme through her business network. She applied and secured a loan, which helped stabilise her business. But the support went beyond financial assistance. BOC provided guidance on managing her loan, making smart investments, and planning for future growth.

“The Bank of Ceylon didn’t just provide a loan and leave me to figure things out on my own. They advised me on how to manage my finances and reinvest in my business. Their support made all the difference,” she explained.

Kumarihami’s experience is one of many from women entrepreneurs who have expanded their businesses with support from BOC Ran Liya Loan Scheme. Through this program, women across Sri Lanka are gaining access to resources that allow them to develop their businesses, increase production, and reach new customers.

Encouraging other women who are thinking about starting their own businesses, Kumarihami said BOC is a good first step for those who need financial assistance and guidance.

“If women are thinking of starting a business, the first place they should go for financial support is the Bank of Ceylon. They don’t just provide loans, they help make business ideas a reality with proper advice. The Bank of Ceylon has been reliable, efficient, and supportive. I encourage all aspiring business women to visit BOC today and take the first step toward building their businesses,” she said.

The BOC Ran Liya Loan Scheme continues to provide financial support to women-led businesses in Sri Lanka, allowing them to build stable and sustainable ventures that contribute to the economy.