One of the financial literacy workshops in progress

Sri Lanka’s leading integrated financial services provider HNB Finance PLC successfully concluded the third and fourth phases of its Financial Literacy for Development programme this year.

Held in Kurunegala and Kegalle, the workshops aimed to equip micro and small-scale entrepreneurs (MSMEs) with the financial knowledge and skills needed to grow their businesses.

This initiative aligns with HNB Finance’s commitment to pursue sustainability development goal of providing financial literacy and eradicating poverty. Over the past few years, its programmes have enhanced the financial literacy of over a thousand MSMEs across the island.

Led by HNB Finance Head of Skill Development Anura Udawatta, the workshops covered essential topics such as business account management, debt management, profit reinvestment, cost management and identifying new business opportunities for over 300 entrepreneurs. 

HNB Finance recognised the most creative business ideas presented by participating entrepreneurs, awarding prizes for their ingenuity. Additionally, all participants received a copy of the company’s Financial Literacy for Growth manual, a valuable resource for ongoing financial management.

“Financial literacy is the cornerstone of any successful and sustainable business,” stated HNB Finance Managing Director and CEO Chaminda Prabhath. 

“We firmly believe that financial literacy is essential for entrepreneurship. Over the years, we have made significant contributions to empower the MSME community. This improved understanding, especially among micro and small businesses, has significantly contributed to their ability to operate sustainably over the past few years. Also, it provides a systematic approach to financial literacy, offering guidance from initial business setup through growth and potential expansion.”

HNB Finance goes beyond workshops, offering financial support through working capital solutions. Its dedication extends to helping micro-enterprises flourish and transition towards becoming successful small and medium-sized businesses.