S.M. Anulawathi
Loan requested $438.60
Loan issued $438.60
Funds raised $219.30
Funds released $0.00
Sector Retail
Repayment term in months 24.0


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About S.M. Anulawathi

Anulawathi is a BMI client from Ipalogama area in Anuradhapura District. She is married to A. M. Weerakoon (in the photo)who is a farmer by profession. However, in his free time weerakoon helps Anulawathi in her retail shop.Anulawathi is 50 years old and has a daughter and a son. Son is employed and lives with them, with his wife. Anulawathi started a retail shop in a small way thinking it will support her family for additional income. With her dedication and hard work, she developed the business into a success. She enrolled herself to BMI in October 2010 and went for her first business loan of Rs. 25,000. She utilized this loan to purchase selling items for her retail shop. Within 2 years, she saw remarkable success in her shop and now she has decided to go for her second BMI loan of Rs. 55,000. She hopes to use the loan amount to expand her shop and increase her business activity. She also hopes with more expansions in future, she can be a successful businesswoman in the area.


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

Sverre Skimmeland
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Anonymous
 
 
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