In September 2014, Ironwood Capital Partners, Sri Lanka’s first post-war private equity fund, raised $30 million. Ironwood’s Hiran Embuldeniya discussed what he learned in the first year as a Managing Partner in the fund
.Sri Lanka is fearing more economic instability in 2016, with little being done to fix the budget that went off the rails in 2015 and debt repayments looming, but several corrections have already occurred.
Businesses make various assumptions about the motivations of their customers. At Rukula, the main assumption is that people are good and even strangers will repay a loan