Nadeeka Kumari Kariyawasam
Loan requested $393.70
Loan issued $393.70
Funds raised $196.85
Funds released $0.00
Sector Handicraft
Repayment term in months 24.0


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About Nadeeka Kumari Kariyawasam

Nadeeka started her business with the financial assistance from BMI in year 2010. The first loan of LKR 25,000 was utilized to purchase a sewing machine, and then she started sewing the carpets. While this loan was going on Nadeeka underwent a training related to dress making and carpet producing. During the year 2012, Nadeeka completely repaid back the first loan. She is now taking the second loan of 50,000 rupees. Using the money, Nadeeka wants to obtain materials to produce carpets. Nadeeka’s husband is daily wage laborer and the income Nadeeka earns from carpet making supports the family to improve the living standards. Through this income Nadeeka and her husband support their son and elderly mother.


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 = $196.85
Total Loan Amount = $393.7

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

rajkishoreg
Sverre Skimmeland
chiradeep
Investor Image
Ms. M
Trevor Rotzien
KerryR
Grant
 
 
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