Loanstar Micro Credit Pvt Ltd
Loanstar Micro Credit Pvt Ltd is a registered company in Sri Lanka and does not accept deposits whatsoever from our customers. Hence, we are not a bank, finance company or a micro finance entity and are therefore not required to be licensed under the Banking Act. No. 30 of 1988, the Finance Business Act. No. 42 of 2011, or the Microfinance Act, No. 6 of 2016 with any Government entity. As stated before, our only business is short term money lending at a micro level to verified customers through digital gateways and other means allowed by Money Lending Ordinance Act of Sri Lanka.