Nilanthi Dharmadasa
Loan requested $438.60
Loan issued $438.60
Funds raised $219.30
Funds released $0.00
Sector Livestock
Repayment term in months 24.0

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About Nilanthi Dharmadasa

A resident of Ipalogama, Nilanthi Dharmadasa married to Weerasuriya who works as general labourer. The couple has 3 chidlren out of 2 are married and living separately. Her youngest daughter is still schooling. Nilanthi became a BMI cluster member in 2011. As she had enough free time, she thought to utilize it with an income generation activity. For this, she picked poultry farming, which she could do at her home. She went for her first BMI loan of Rs. 25,000 in March 2011 and invested to commence her income generation activity. This bought her substantial income which helped her to support her daughter’s education. At present, Nilathi earns a monthly income of Rs. 15,000 from poultry farming. Nilanthi is now interested in going for second BMI loan of Rs. 50,000. She hopes to receive this loan during this month so that she can expand her poultry farm into bigger area with more hens. She knows with the fullest support from her husband, she can become another successful entrepreneur in the Ipalogama division.

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
  Date: Jan 21, 2014

Nilanthi is running a poultry farm. It is situated in rural village call Ipalogama. The Enterprise development service of BMI has given a good guidance to make her business success. She also followed the directed path. BMI has given a loan of Rs. 50,000 to Nilanthi, for the purpose of purchasing poultry feed. She used the loan efficiently. So now her income has increased. Nilanthi hopes to increase her output in the future. So she can support the family financially, as much as she can.

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Funders to this entrepreneur

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