N. Jeyalalitha
Loan requested $336.13
Loan issued $336.13
Funds raised $168.07
Funds released $0.00
Sector Agriculture
Repayment term in months 24.0

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About N. Jeyalalitha

Jeyalalitha is a farmer who does paddy cultivation. She does cultivation since her small age and she has two decades of experience. She joined with BMI in the year of 2012 and received a loan to purchase fertilizers. As she agreed she used the loan to purchase fertilizers. Because of she used the loan efficiently. So, she could save some money and purchase for some paddy seeds too. So, now her cultivation reached an income limit of Rs. 28,000. She has a family with one son and he is schooling. Jeyalalitha’s husband is a paddy cultivator. Their cultivation’s experience is two decades old. Jeyalalitha’s scope is to start some vegetable cultivation too. Nowadays, she works hard for that. Jeyalalitha applies for a loan amount of Rs. 40,000 from BMI. She plans to invest the loan to purchase organic fertilizers and paddy. She expects to put her full effort and gain a better yield next time.

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 = $168.07
Total Loan Amount = $336.13

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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Ms. M
UnitedProsperity.org is a U.S. 501(c)3 non-profit organization