Nuwanthi Dhanushka Gunasekara
Loan requested $263.16
Loan issued $263.16
Funds raised $131.58
Funds released $0.00
Sector Livestock
Repayment term in months 24.0

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About Nuwanthi Dhanushka Gunasekara

Nuwanthi is a young entrepreneur who has recently joined BMI. She is applying for her first loan of LKR 30,000 to finance her poultry business. She has started her small poultry farm six months ago to earn an income to support her husband in household expenses. Nuwanthi plans to use the loan money to obtain required poultry food and other housing requirements for the birds. She intends to sell the eggs collected from the farm to local shops. She lives in a remote village called Kaluthambi hena in Anuradhapura district. She has a baby daughter and her husband is a Office Assistant in Ceylon Fort Authority. She is very enthusiastic about her business and hopes to develop it to a successful domestic level small industry.

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 = $131.58
Total Loan Amount = $263.16

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
  Date: Jan 07, 2014

Nuwanthi is a budding entrepreneur form Ipalogama area and first joined BMI in 2012. She rears chicken as a business and took the financial aid of BMI by obtaining a loan of LKR 30,000. With the loan money she has purchased a fresh stock of animals for her business and now quite happy with her large stock and the increased income due to the investment. Her baby girl is also getting bigger and while doing the household works also she looks after the business as well. This additional income source also provided a huge support for her husband as well to manage the family economy. She feels grateful towards BMI for lending hand for her to continue her little business. Also she thinks that, institutes like BMI are also important in empowering house wives like her who also has very low access to formal financial sources due to their poverty and no private money to invest. She also thanks BMI for giving the head start to continue her business.

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