Impact of Risk Management towards Sustainability of Microfinance Industry in Sri Lanka: A Case Study

Purpose of the study: The microfinance industry has been developed significantly last two decades. It is fast becoming a household name globally and one key contributors to social-economic development. Sustainability depends on several factors encounters numerous challenges. purpose study examine whether there relationship between risk management sustainability in Sri Lanka. Methodology: A simple regression analysis used demonstrate connection which independent variable predicted influence dependent variable. included 376 women borrowers from three districts Lanka, cluster sampling approach was used. Primary data gathered using surveys, while secondary collected CBSL, MFI annual reports, Microfinance Information Exchanger (MIX). Main Findings: findings reveal that effective Management positive with Suitability Industry Research limitations/implications: limited out 25 sample frame selected leading MFIs agreed participate research. availability time for this could not permit consideration all entire country. Novelty/Originality: concludes should have proper process, but it be adequately handled communicated borrowers. implies proactive essential long-term institutions (MFIs).