D.M.P.K. Dadigama
Loan requested $416.67
Loan issued $416.67
Funds raised $208.33
Sector Construction
Repayment term in months 24.0


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About D.M.P.K. Dadigama

Pushpa ( husband shown in photograph) lives in Ipalogama in Anuradhapura district. It is a rural area with lack of transport facilities. Pushpa is engaged in a building block making business in this area. Though she has the resources to find raw materials from her area, due to the remoteness of her village transportation is a major problem for Pushpa. Pushpa’s income is Rs. 15,000 per month approximately. But it is not sufficient to fulfill her family needs. Because she is having a daughter who still schooling. Pushpa’s husband is a farmer. With her 6 years of experience she had a plan to make transportation easy. But she ran into financial difficulties in making this happen. So she became a member of BMI in 2012 and got a loan amount of Rs. 25,000 for her business to smoothen transportation. The first loan was given a huge support to build-up her industry. But another problem arose too. Now she is finding difficulties in purchasing firewood. Firewood is a very essential raw material for block making. So, she has applied for another loan to overcome his firewood issues. Now, Pushpa applied for a loan amount of Rs. 50,000.


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 = $208.33
Total Loan Amount = $416.67

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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Julie
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Anonymous
 
 
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