M.M.S.N. Herath
Loan requested $210.08
Loan issued $210.08
Funds raised $105.04
Funds released $0.00
Sector Agriculture
Repayment term in months 24.0

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About M.M.S.N. Herath

Niroshani is a newly joined BMI client from Nuwara-Eliya district. She is living with her husband and three children. There are two daughters among them. Her husband is a military officer. Niroshani cultivates a flower garden in a small plot of land, close to her house. She grows Anthurian, Gerbera and Begonia, in addition to Rose flowers. The place where Niroshani lives has a good climate. She has five years of experience in flower planting. She sells these flowers to florists and earns a good income. Her monthly income is Rs. 22,000 per month approximately. Niroshani is in a plan to increase the variety of the flowers. So, she applied for a loan amount of Rs. 25,000. She will buy Plant seeds and fertilizers to use for her flower garden.

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 = $105.04
Total Loan Amount = $210.08

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

Shubha & Bala
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UnitedProsperity.org is a U.S. 501(c)3 non-profit organization