M. Fowsiya
Loan requested $252.10
Loan issued $252.10
Funds raised $126.05
Funds released $0.00
Sector Livestock
Repayment term in months 24.0

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About M. Fowsiya

Faushiya is a dairy farmer. She has a few cows and treats them well. Her family’s monthly income comes from this dairy business. Faushiya’s husband is also a dairy farmer and he collects grass for the cows and Faushiya uses them to maintain the cattle shed. BMI is taking part in their dairy business by providing financial assistance. Faushiya gets good income monthly. But, it is not sufficient school her children. Faushiya has schooling son and a daughter in her family. Faushiya joined with BMI in 2013 to get some financial assistance. Faushiya has ten years of experience dairy farming. Now Faushiya has applied for a loan amount of Rs. 50,000 from BMI. Her plan is to buy another new cow and increase the number of cattle. Faushiya’s monthly income is Rs. 30,000.

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 = $126.05
Total Loan Amount = $252.1

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