M.A.M. Damayanthi
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Funds released $0.00
Sector Construction
Repayment term in months 24.0

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About M.A.M. Damayanthi

Mangalika (Husband is in the Picture) is a brick maker. She lives in the Manupa in Anuradhapura district. She has been engaged in brick making for the last five years. In 2012, Mangalika joined with BMI and received a Rs. 30,000 loan amount. She used the loan amount to purchase firewood for her business. She used the loan properly and paid the loan properly too. Now her monthly income increased up to 25,000. Mangalika’s husband is a block maker in her brick industry. They have a son and two granddaughters. All are working hard for the family’s prosperity. Now, Mangalika applied for another loan amount of Rs. 30,000. The loan is going to be used to purchase another lot of firewood. Because, Mangalika hopes to develop her business and supply a larger quantity of bricks.

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