W G C Kumari Jinasena
Loan requested $252.10
Loan issued $252.10
Funds raised $126.05
Sector Retail
Repayment term in months 24.0

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About W G C Kumari Jinasena

C. Kumari Jinasena lives in a village in Mawanella in the Kegalle district. Her husband is an officer with the Sri Lankan air force and they live with their only daughter. Their current monthly income is approximately Rs. 25,000. Her daughter is still attending a school in the village. At 25 years of age Jinasena has been operating a carpet business for the past two years. She started the venture in order to help contribute to her family’s monthly income. Her business focuses on hand sewn carpets where she hopes to sell the products locally. Currently she is earning a monthly income of Rs. 6,000. With the assistance of a BMI loan, valued at Rs. 30,000, Jinasena wishes to expand her business and contribute more to the family’s income. She and her family live in their own house, but it is only a partially completed structure. She hopes that an expanded earning capacity through the development of her business by investing at this opportune moment will help complete the necessary construction in their house.

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 = $126.05
Total Loan Amount = $252.1

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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Funders to this entrepreneur

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