R.K.G.S. Saman Kumara
Loan requested $252.10
Loan issued $252.10
Funds raised $126.05
Funds released $0.00
Sector Agriculture
Repayment term in months 24.0

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About R.K.G.S. Saman Kumara

Saman is a farmer engaged in Vegetable cultivation. He has been engaged in this cultivation for a period of two years. He has about 02 years of experience in vegetable cultivation. He became the member of BMI in the year of 2013. His monthly income is Rs. 18,000. His wife is engaged in producing which local cigarettes. She also assists with his cultivation. Though he earns that much of income, it is not sufficient to fulfill the family needs. Saman is living with his family in an area call Kothmale, which is situated in Nuwara-Eliya district. He applied for a loan amount of Rs. 30,000 from BMI. The loan is expected to be utilized to start a mix crop cultivation. It is a pilot cultivation which is going to be tested by him.

Partner MFI
Name: Berendina Microfinance Institute Ownership: Non profit
Year Founded: 2007 Partner Since: 2012
Interest Rate: 25.0 % Target Clients: Economically active and inactive poor
Repayment overview

Total Funded Amount = $126.05
Total Loan Amount = $252.1

Repayment Overview chart

Note: This chart indicates the repayment by entrepreneurs on the principal amount. The actual repayment amounts include the interest on the loan and will be different.
Progress Report
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Funders to this entrepreneur

Shubha & Bala
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Sudhakar Asaithambi
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UnitedProsperity.org is a U.S. 501(c)3 non-profit organization