W.C. Gunawardhana
Loan requested $252.10
Loan issued $252.10
Funds raised $126.05
Funds released $0.00
Sector Handicraft
Repayment term in months 24.0

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About W.C. Gunawardhana

Chandrika lives in a village called Manupa in Anuradhapura district. Chandrika is engaged in a school bags stitching business. She has been engaged in this business for around two years. She joined with BMI in the year 2012. Chandrika stated her business with a BMI loan. She received a Rs. 30,000 loan from BMI. She bought a new sewing machine from that amount. So, the business became more productive. Her monthly income is Rs. 39,000. She has two sons and a daughter. Sons are schooling and daughter is still an infant. Chandrika’s husband is a Military officer. Now she has applied for a new loan amount of Rs. 30,000. She planned to use the loan to purchase new fabric.

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

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