L.A.W. Hemamali
Loan requested $219.30
Loan issued $219.30
Funds raised $109.65
Funds released $0.00
Sector Retail
Repayment term in months 24.0

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About L.A.W. Hemamali

35 years old Hemamali’s husband is a quality controller in a garment factory. They are happily married with 2 kids. Hemamali has a good experience in maintaining a retail shop and thus she had chosen to engage in this venture. She also sees this as a mean to turn her idle time at home into a more meaningful income generation activity. Hemamali is new BMI client and hoping to obtain her first loan of LKR 25,000 now. Since both of her children are under 5 years old and not schooling at the moment, she hopes that she can use this time to start a good business and develop it by the time the children starts schooing. She knows she can make a notable profit in this trade, which will greatly benefit to her whole family. She hopes to become a successful business woman in future and create a bright future for her two kids.

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 = $109.65
Total Loan Amount = $219.3

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