Mangalika Chandrakanthi Aluthdurage
Loan requested $236.22
Loan issued $236.22
Funds raised $118.11
Funds released $0.00
Sector Agriculture
Repayment term in months 24.0

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About Mangalika Chandrakanthi Aluthdurage

Mangalika is taking a LKR 30,000 business starting loan from BMI. She is taking this loan to expand her home gardening. She is intending to develop this as an additional income source for her family. She had also been to training programs on home gardening conducted by the Agrarian Service Institute of the area. At present her income is around LKR15,000. Mangalika is a mother of two daughters and her youngest is still schooling. Mangalika’s husband serves as a cook, who works in freelance basis. Mangalika is also an active social worker in the village, where she holds a membership in the Death Benevolence society. Her main ambition is to give her younger daughter a good education and wishes to develop her home gardening in to a viable business in order to support her ambition.

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 = $118.11
Total Loan Amount = $236.22

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

Investor Image
Sverre Skimmeland
Deb is a U.S. 501(c)3 non-profit organization