Seetha Kumari
Loan requested $393.70
Loan issued $393.70
Funds raised $196.85
Funds released $0.00
Sector Retail
Repayment term in months 24.0

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About Seetha Kumari

Seetha Kumari had been engaged in fruit selling in her village and joined BMI in 2010 August. Her first loan from BMI was for LKR 25,000 in order to develop the existing business, by increasing the volume of fruit purchase and to maintain the fruit store. This is the second loan and the money will be used to expand her business. She earns around LKR 18,000 per month from the business. Seetha is married and has two sons. Her husband is working in a semi-government organization. She is working hard to support her husband to increase their family income, so that she can provide a good education to her two children.

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

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Hoelder1in is a U.S. 501(c)3 non-profit organization