K. Kaladevi
Loan requested $336.13
Loan issued $336.13
Funds raised $168.07
Funds released $0.00
Sector Agriculture
Repayment term in months 24.0

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About K. Kaladevi

Kaladevi is a farmer engaged in paddy cultivation. She does cultivation since a young age and she has two decades of experience. She joined with BMI in the year of 2012 and received a loan to purchase fertilizers. As she agreed she used the loan to purchase fertilizers. Because she used the loan efficiently, she was able to save some money and purchase for some paddy seeds too. So, now her cultivation reached an income limit of Rs. 26,000. She has a family with one son and two daughters. Daughters are schooling. Kaladevi’s husband is a paddy cultivator. Their cultivation is two decades old. Kaladevi’s scope is to start some vegetable cultivation too. Nowadays, she works hard for that. Kaladevi has applied for a loan amount of Rs. 40,000 from BMI. She plans to invest in vegetable cultivation.

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 = $168.07
Total Loan Amount = $336.13

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