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LOLC Divi Saviya covers 40% of schools island wide

14 Sep 2024 - {{hitsCtrl.values.hits}}      

LOLC Divi Saviya has successfully completed Phase 03 of its education initiative, impacting 4,100 schools across Sri Lanka. This milestone achievement extends the program’s reach to 40 percent of the entire school system in the country, endorsing LOLC’s commitment to supporting the educational needs of students nationwide. 


Reflecting on the journey so far, Kapila Jayawardena, Group Managing Director/CEO of LOLC Holdings PLC, remarked, “This program was launched at a critical time when Sri Lankan families were grappling with the aftermath of an economic crisis and the pandemic, which created immense economic and social challenges.  
Many parents, struggling with rising costs, could no longer afford essential school supplies, forcing difficult decisions within households. In some cases, families with multiple children could only send one child to school due to financial constraints. As school attendance rates plummeted, small schools in rural villages faced the threat of closure due to declining student numbers and lack of resources.”
Jayawardena continued, “During this time of great need, LOLC Divi Saviya emerged as a crucial support system for the education sector. The initiative provided a lifeline to countless families and students. Divi Saviya strengthened the educational landscape by enhancing student attendance, sparking renewed interest in studies, and alleviating the financial burden on parents. 
For many children, the program restored a sense of normalcy and pride. Students no longer felt the disparity of using inadequate materials or being left behind, as all their peers had access to the same high-quality books and tools. This sense of equality fostered a more inclusive and engaging classroom environment. The initiative has reinstated faith in education and created a lasting positive ripple effect for many, in the years to come.”


“Earlier this year, the Ministry of Education honoured LOLC with national recognition, marking the first time a private sector entity has received such acknowledgment in the educational arena. LOLC is immensely proud to be a part of this transformative journey and is humbled to be a Sri Lankan company dedicated to supporting the next generation, ensuring every child has the opportunity to thrive in their studies. Through Divi Saviya, we uplift our nation and create a lasting impact on those who need it most,” Jayawardena concluded.
Launched in early 2023, the ‘Daye Daruwange Anagathaya Wenuwen’ initiative has made significant progress. The program began by distributing essential school materials to over 1,400 schools. In its next phase, it reached an additional 1,500 schools, and with the completion of Phase 03, it has supported 1,200 more schools, bringing the total investment to over Rs. 2.5 billion.