Rajani Ruwanlatha Balasooriya
Loan requested $427.35
Loan issued $427.35
Funds raised $213.68
Funds released $0.00
Sector Services
Repayment term in months 24.0


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About Rajani Ruwanlatha Balasooriya

Rajani is a BMI client from Senapura area in Anuradhapura district. She is engaged in dress making and has two years of experience in it. She Has joined BMI in 2011 and took her first loan of LKR 25,000 to finance this business. Sh used the money to purchase raw materials required. Now her business is fairly developed and she earns around LKR 25,000 per month from it. Since the business shows good prospects, she is now planning to expand her business and increase production by recruiting another assistant to help her. Since she does not have enough money for this, she has now applied for a second loan of LKR 50,000 from BMI. She plans to use the money t o purchase another sewing machine and buy raw materials. Rajani’s husband is a driver and they have one son and a daughter. Both of them are still schooling, They also take care of the elderly parents of Rajani as well. Rajani is working hard to earn an extra income to loosen the burden on her husband. She wishes to develop this business further more to earn a better and a steadier income to uplift the family’s level of living. Her ultimate wish is to secure a good future for her children.


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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Astrid
Dr. J - magician
Andreas
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Anonymous
 
 
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