Nirosha Padmalatha
Loan requested $263.16
Loan issued $263.16
Funds raised $131.58
Funds released $0.00
Sector Agriculture
Repayment term in months 24.0

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About Nirosha Padmalatha

Nirosha is a new BMI client from Kagama village in Anuradhapuara District. She lives there with her father and is not married. Her business is cultivating banana and she has stared it around 2 years back. Her father is also engaged in farming therefore she has good hands on experience in farming. The average monthly income she earn is around LKR 12,000. She plans to use the loan money to perches sibling and do the required cultural practices. She is ergs to develop banana cultivation to earn a higher income. Since her father is around 18 years old and theirs sold income comes from farming. She feels it essential to have a sustainable income source. Her ambition is to established a healthy cultivation and save some money for their future.

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 = $131.58
Total Loan Amount = $263.16

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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shivani & niranjan is a U.S. 501(c)3 non-profit organization