Manike is a new BMI client from Ipalogama area in Anuradhapura district. She resides there with her husband who is a farmer and they have two children. She is engaged in handicrafts business and her current average monthly income is around LKR 15,000.
Manike took out her first BMI loan of LKR 25,000 in 2011. She used the loan money to buy raw materials to start up her business. Now she is planning to diversify her business by producing soft toys. To finance this activity, she has now applied for her second loan of LKR 40,000 from BMI. She plans to use the money to purchase the required raw materials for soft toy making.
She is working hard to develop her business in to a sustainable one. She hopes to earn a higher income to support her husband in their household expenses and children’s’ education. Manike is confident that she can develop this business more and become a successful entrepreneur in the area.