W.M.I. Damayanthi
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Funds released $0.00
Sector Services
Repayment term in months 24.0

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About W.M.I. Damayanthi

Irosha runs a beauty salon in Kothmale, a village where situated in Nuwara-Eliya district. She runs a beauty parlor in that village. Irosha started this as a pilot venture four and a half years ago and has now gained loyal number of customers. Irosha also engages in Bridal dress making. She joined with BMI in the year of 2012 and she received a loan amount of Rs. 30,000. She used the loan to purchase items for Bridal dress making. Now, her monthly income increased has increased up to 40,000. Irosha’s husband is a Military officer. Her parent also lives with them. The couple do not have any children. Irosha applies for a loan amount of Rs. 50,000 and she plans to use the loan to purchase for cosmetics. So, she can improve her beauty salon further.

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 = $210.08
Total Loan Amount = $420.17

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

christa deacove mcculloch
UnitedProsperity.org is a U.S. 501(c)3 non-profit organization