E.M.N. Ekanayeka
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Sector Services
Repayment term in months 24.0


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About E.M.N. Ekanayeka

Ekanayeka operates a hair salon in the Kahatagasdigiliya region in the North Central Province in Sri Lanka. For the past 10 years she and her husband have developed the venture in to a thriving business that caters to her local community. In 2012 she applied for a BMI loan valued at Rs. 30,000/- to improve her salon, the improvements paid dividends with her increasing her earning capabilities. Now with a rising cost of living she has requested another BMI loan, at the value of Rs. 50,000/- to further improve her salon and hire more staff. The growing demand for her business has forced her to hire an assistant.


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 = $210.08
Total Loan Amount = $420.17

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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Anonymous
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Anonymous
 
 
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