S. Siriwardhana
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 S. Siriwardhana

Siriwardhana is a brick maker. He lives in Manupa in Anuradhapura district. He has been engaged in brick making for the last 10 years. In 2012, Siriwardhana joined with BMI and received financial assistance of Rs. 30,000. He used the loan amount to purchase firewood for his business. He used the loan properly and paid the loan properly too. Now his monthly income increased up to Rs. 25,000. Siriwardhana’s wife is a Farmer. He is supporting the family through paddy cultivation. The family has two schooling daughters and one daughter working in the apparel industry. All are working hard for family’s prosperity. Now, Siriwardhana applied for another loan amount of Rs. 50,000. The loan is going to be used to purchase another lot of firewood. Because, Siriwardhana hopes to develop the business and produce more bricks and increase his profit.


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
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Anonymous
 
 
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