J.R.W.P. Jayawardhana
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Sector Retail
Repayment term in months 24.0


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About J.R.W.P. Jayawardhana

Vasantha is living with his family in Manupa in Anuradhapura district. He has a schooling son. So, Vasantha took the responsibility to spend for child’s education. So, he has a need earn more income for their family. With his one year of experience, he has a plan to go on a long journey in the food business. He has small tea shop in the village. He sells short-eats and tea in this shop. In 2012, Vasantha joined with BMI. He received his first loan of Rs. 30,000 to repair his tea shop. Because he used the loan properly; he could save some amounts after spending. He bought a new cupboard for his shop. It gave a good look to the Tea shop too. He raised his income up to Rs. 25,000 after the loan. Now, Vasantha applied for a loan amount of Rs. 50,000. His purpose is to add some more food varieties to his shop.


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

Andreas
Investor Image
Colette
mewesten
 
 
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