A. Annaletsumy
Loan requested $378.15
Loan issued $378.15
Funds raised $189.08
Sector Agriculture
Repayment term in months 24.0

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About A. Annaletsumy

Annaletchumi is maintaining a home garden for several years. She is cultivating vegetables in her plot of land. She gets Rs. 15,000 of monthly income through this garden. She grows some flower plants too. She dreams to make her cultivation more successful. With this in mind, she joined with BMI in the year of 2012. She got her first loan opportunity in the same year. As a result she received a loan amount of Rs. 40,000 from BMI. She used the loan to purchase fertilizers for paddy cultivation. After she used the loan properly, she was able to get a good yield. To continue this success for more years, she applied for her second loan amount Rs. 45,000 from BMI. She used the loan to purchase Agro-chemicals. It increased her monthly income too. Now, Annaletchumi applied for a loan of Rs. 45,000, from BMI. The purpose of current application is to add more crops in a small plot of land and increase the efficiency more. Annaletchumi is willing to try this type of cultivation as a pilot venture. She is confident that she will achieve success.

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 = $189.08
Total Loan Amount = $378.15

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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Gayle Allor Dauverd
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