G.P.H.S.U. Weerasooriya
Loan requested $384.62
Loan issued $384.62
Funds raised $192.31
Funds released $0.00
Sector Retail
Repayment term in months 24.0

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About G.P.H.S.U. Weerasooriya

Weerasooriya is from the Ipologama area in the Anuradhapura district, a young mother of one small daughter. She and her husband currently have an average monthly income of Rs 10,000. In July 2011 she became a BMI client and took out a loan of Rs 25,000. She began a small dairy business in order to supplement their family income and assist with expenses for their family. As this venture was successful in increasing their income and helping them meet their monthly expenses, Weerasooriya now wishes to take out a loan of Rs 45,000. She wishes to expand on her hobby of making dresses for people in her village. She has been doing this on the side for approximately 2 years and believes that because of the demand for garments, expanding the current size of her production will be a financial success.

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 = $192.31
Total Loan Amount = $384.62

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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UnitedProsperity.org is a U.S. 501(c)3 non-profit organization