W.M. Madhubhashini
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Funds released $0.00
Sector Services
Repayment term in months 24.0

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About W.M. Madhubhashini

Madhubhaashini is a newly joined BMI client. She has a small Grinding mill in Mawanella, Kegalle district. She earns for her family through the mill. Now, Madhubhaashini’s current income is Rs. 25,000. Her husband is a Businessman. Also, he supports her grinding mill from time to time. Most of the time mill is used to grinds rice, grams and spices. So, Madhubhaashini is little bit fortunate too. Madhubhaashini has a small son. The people’s main income in her area is Tea cultivation.Madhubhaashini has a huge demand in her line of business. She, charges the least rate compared to other grinders. She is keen on maintaining the customer numbers. She has a need to repair her grinding machines and also buy a new grinding machine. So she has applied for a loan amount of Rs. 50,000. Madhubhaashini expect this loan amount will help her grow 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 = $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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Funders to this entrepreneur

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Queen's Social Investment Iniative
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chuck richardson
Success Business Coach
UnitedProsperity.org is a U.S. 501(c)3 non-profit organization