Gayan Sanjaya Jayatissa
Loan requested $438.60
Loan issued $438.60
Funds raised $219.30
Funds released $0.00
Sector Construction
Repayment term in months 24.0

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About Gayan Sanjaya Jayatissa

Gayan is a BMI client from Galigamuwa area in Kegalle district. He lives with his parents and has one brother and sister. His father is employed as a driver. Gayan first joined BMI in 2011 November. He took a LKR 20,000 housing loan to renovate the house they live. About a year and half ago he has started a business of brick making. He had started this with the intension of helping his father to cop up with the household economy. At present his monthly income is around LKR 25,000. Now he is taking his second loan of LKR 50,000 from BMI to finance his brick business. He plans to use the money to purchase firewood, covering material and cover part of the wages for labor. Gayan had been able to provide employment for few fellow villagers also in his brick business. He has lot of hopes to develop the business in to a bigger level. At present he has to purchase clay from outside merchants. In future he wishes to buy his own land with suitable clay soil to make bricks. He also wishes to earn a high income and serve his family as well.

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 = $219.3
Total Loan Amount = $438.6

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