Arthavida Intermediary Limited (AIL) was incorporated in 2013, as a limited liability company affiliated to Arthavida Foundation Guarantee Limited (AvF) & Arthacharya Foundation (AF). Both organizations, the [AvF] and [AF] sponsored the formation of the new company by purchasing its shares . The directors of the new company are Mr. W. S. P. de Mel, Mr. D. S. Liyanage & Dr .H. W. S. Ariyasinghe. AIL’s registered Office is at No. 40, 4th Lane, Ratmalana.
AIL took over the micro finance functions which were conducted by Arthavida Foundation (Guarantee) Limited. Accordingly assets and liabilities of Arthavida Foundation Guarantee Limited were transferred to the new company. New company commenced operations on 01/04/2014 at its Head office and 13 branch offices on the same day.