Abstract
This paper clarified the roles of microcredit (small nonsecured loan for poor) on restoration of livelihoods of the tsunami
victims and considered the key factors of efficient system and implementation through case study of a“successful”
resettlement area in the southern part of Sri Lanka after the Indian Ocean Tsunami in 2004. The key findings based on
analysis of 46 members of microcredit are as follows. 1) There are two types of loan system, ”MI loan” and ”SG loan”
which are complement each other. 2) Two systems keeps high repayment ratio (averagely 96.4%) after 2 years of its start.
3）”MI”loan is utilized to jobs such as fishery in the previous place and ”SG”loan is utilized to small activities such as
home gardens in resettlement areas and to daily consumption. The existence of different systems in the microcredit is
efficient for the restoration of the victims in resettlement areas. 4) The key factor of efficient systems is differentiation of
”individual”and ”group”. This diｆｆerentiation generates various sub systems which prepare to restoration of livelihoods
and human relationships after the tsunami disaster and resettlement. 5) The key factor of implementation is linkage of loan
systems and other activities, support to the women who have the role to stabilize the income of fishery households,
utilization of space in resettlement areas for small activities and business which allow the victims to have time and space
to join in microcredit.
