
Asela Lihinikaduwa, Group Director, Micro Cars (fifth from left) and Sanjeewa Bandaranayake, Chief Executive Officer/ General Manager, People’s Leasing (fifth from right) exchange the agreement in the presence of representatives from both institutions
People’s Leasing and Finance, and Micro Cars, has signed a Memorandum of Understanding (MOU) aimed at providing convenient and accessible leasing facilities for customers interested in acquiring Micro buses. This partnership is designed to support individuals and organizations looking to expand their transportation fleets by offering tailored financial solutions for purchasing Micro buses. The initiative is expected to boost both the public and private transportation sectors, creating a more streamlined and affordable pathway to vehicle ownership.
The MOU was signed during a ceremony at the Head Office, and attended by senior management from both organizations. Representing People’s Leasing and Finance were Sanjeewa Bandaranayake, GM/CEO, and Udesh Gunawardena, Chief Operating Officer. Micro Cars was represented by Asela Lihinikaduwa, Group Director, and Ravika Perera, Director. During the signing ceremony, representatives from both companies expressed their enthusiasm for the new venture.
“This MOU strengthens our commitment to empowering businesses and entrepreneurs by making quality transportation solutions more accessible,” emphasized Sanjeewa Bandaranayake, CEO and GM, People’s Leasing and Finance.
“As we celebrate 30 years of providing comprehensive automobile manufacturing services, we are thrilled to partner with People’s Leasing and Finance to offer extensive leasing options for our buses. This collaboration will undoubtedly assist many in acquiring reliable vehicles to meet the growing demand for efficient transportation,” added Asela Lihinikaduwa, Group Director, Micro Cars.