The Institute for Rural Sustainable Development (IRSD) is delighted to announce the signing of a Memorandum of Understanding (MOU) with SDB Bank on December 30, 2024, in Colombo. This landmark partnership aims to transform the economic conditions of rural communities in Sri Lanka through a comprehensive and collaborative approach.

The key focus areas of this initiative include:

Cooperative Sector Development: Empowering rural communities by strengthening cooperative societies, which serve as people-centered business models that address human, social, and economic needs.

MSME Sector Development: Boosting job creation, fostering economic growth, and enhancing resilience in the micro, small, and medium enterprise sector to drive sustainable development in rural areas.

Community-Based Tourism Development: Promoting tourism initiatives to uplift rural livelihoods and improve living standards while preserving cultural heritage.

Empowering Women: Encouraging green agriculture, enterprise development, and improved business management to support women entrepreneurs in rural areas.

This collaboration underscores IRSD and SDB Bank's shared commitment to rural sustainable development and their vision of a thriving, inclusive, and resilient Sri Lankan economy.

Stay connected with us for updates on this exciting journey toward empowering rural communities!