A.S. Rinsana
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Funds released $0.00
Sector Livestock
Repayment term in months 24.0

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About A.S. Rinsana

Rinsana is living with his husband and family in Thambalagamam, in Trincomalee district. She has three sons and a daughter. Among them, two sons are schooling. So, Rinsana took the responsibility to spend for children’s education. So, needs to earn more income for their family. With her three years of experience, she has a plan to go a long journey in food business. She has small tea shop in the village. She sells short-eats, snack items and some hot drinks. In 2012, Rinsana joined with BMI. She received her first loan to repair her tea shop. Because she used the loan properly; she was able save some money after spending. She bought additional equipment for her shop. It gave a good look to her Tea shop too. She raised her income up to Rs. 25,000 after the Loan. Now, Rinsana applied for a loan amount of Rs. 50,000. Her purpose is to add some more food varieties to her shop.

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 = $210.08
Total Loan Amount = $420.17

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