Chanaka is a new BMI client from the Kagama area in Anuradhapura district. He supports his father, wife and school going son. About 2 years ago he began a papaya cultivation business in order to supplement his income. At the moment his average monthly income is around LKR 20,000.
This business has provided an important source of income and therefore he seeks a loan amount of LKR 30,000 to further develop the cultivation. He is planning to utilize the loan to purchase new planting materials, other inputs and do the required field preparations. He hopes this investment would enable him to earn a higher income. He wishes to be a successful fruit trader and uplift the level of living of his family.