M.A. Sandhya Kumari
Loan requested $427.35
Loan issued $427.35
Funds raised $213.68
Funds released $0.00
Sector Livestock
Repayment term in months 24.0


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About M.A. Sandhya Kumari

Sandya is a BMI client village called Ampe in Kegalle district. She is not married and lives with her parents. She is engaged in dairy farming and also she has established a milk collection center at her house, where other dairy farmers in the area can sell their milk. She is a member of National Livestock Development Board and she does milk collection as their agent of the area. (Her father is in the photo) Sandya started her profession as a dairy farmer with the help of a BMI loan in 2011 November May. It was LKR 25,000 and she used the loan money to purchase a dairy cow. She is very enthusiastic and hardworking. Due to that she was able to develop a good business and a good reputation in the area. Her monthly average income is around LKR 22,000 now. Since the business has good prospects, she is now hoping to increase the milk production by purchasing a new dairy cow for her business. To finance this, she is now expecting her second loan of LKR 50,000 from BMI. She is very eager to develop her business in to a successful once. She wants toearn a good income and save some money for the future as well. She also hopes that she could help her family members in a more boarder manner, if she is able to earn a higher income.


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 = $213.68
Total Loan Amount = $427.35

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

Grant
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Astrid
Dr. J - magician
Andreas
Malia Anderson
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Anonymous
 
 
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