P.N. M Peeris
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Funds released $0.00
Sector Retail
Repayment term in months 24.0

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About P.N. M Peeris

Peeris is a tailor in the Kahatagasdigiliya region in the North Central Province in Sri Lanka. For over seven years she has been working as a tailor in her local village producing clothes that are sold on the local market. She earns in excess of Rs. 70,000/- a month, but most of her profit is reinvested in new material. Through the assistance of a BMI loan in 2012, at the value of Rs. 25,000/-, she was able to start up her business venture. She now hopes to be approved for a new loan for the value of Rs. 50,000/- that will allow her to purchase new machinery and material that will improve her business further.

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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Funders to this entrepreneur

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