Niroshani Kumari
Loan requested $256.41
Loan issued $256.41
Funds raised $128.21
Funds released $0.00
Sector Others
Repayment term in months 24.0

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About Niroshani Kumari

Niroshani is a new BMI client from Galigamuwa area in Kegalle district. She is married and has one son who is a toddler. Her husband is a carpenter and they own a small timber mill. He had been doing carpentry for two years and their monthly average income is around LKR 15,000. Niroshani and her husband are hoping to develop their business since it is their main and only income source. However, they are currently facing some financial difficulties to carry out their plan. Due to that, Niroshani has applied for her first loan of LKR 30,000 from BMI. They are hoping to use the money to purchase timber and do few renovations in their workshop. Niroshani is highly ambitious and wants to support her husband to the fullest in his business. Together they are hoping to develop a sustainable business, earn a good income and create a good future for their kid.

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 = $128.21
Total Loan Amount = $256.41

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

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Jay Hanmantgad
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Anonymous is a U.S. 501(c)3 non-profit organization