S. Ranjini
Loan requested $252.10
Loan issued $252.10
Funds raised $126.05
Funds released $0.00
Sector Services
Repayment term in months 24.0


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About S. Ranjini

Ranjani is a newly joined BMI client. She has a small rice mill in Serunuwara, Trincomalee district. She earns for her family through the rice mill. Now, Ranjani’s current income is Rs. 25,000. Her husband is a Labourer. He support her on the rice mill from time to time. So, Ranjani is little bit fortunate too. Ranjani has two daughters and a son. Presently all are schooling. The people’s main income in that area is paddy ( rice) cultivation. So, Ranjani has a huge demand for her line of business. She charges the least rate compared to others. That has given her a lot of customers. Ranjani is applying for her first loan of Rs. 30,000 as she has a need to repair her grinding machines. Ranjani expect this loan amount will help gallop her business.


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

Andreas
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Julie
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Colette
Kris
KerryR
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Iain Fleming
 
 
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