N.G.D. Pushpamala
Loan requested $210.08
Loan issued $210.08
Funds raised $105.04
Funds released $0.00
Sector Livestock
Repayment term in months 24.0

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About N.G.D. Pushpamala

Nadeeka is a poultry farmer. She has around 25 chickens in her poultry farm. The poultry business is the family’s main source of income. She and her husband collaborate in this business. They have three sons and two of them are schooling. Nadeeka’s husband used to collect poultry feedings and Nadeeka maintains the poultry shed. BMI is taking part in their poultry business by providing financial assistance. Nadeeka’s current income is Rs. 17,000 per month. This income is gained by her 3 years of experience as a poultry farmer. She used the loan to buy more chickens for her farm. Nadeeka has two years of experience in poultry farming. Now Nadeeka applies for a loan amount of Rs. 25,000 from BMI. Her plan is to buy another new stock of chicks and increase her income 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 = $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

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