P.A.S. Kumarasena
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Funds released $0.00
Sector Construction
Repayment term in months 24.0

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About P.A.S. Kumarasena

Kumarasena is a 32 year old from Kahatagasdegiliya region in the Kegalle District. She lives with her husband who is a construction worker and vehicle repairman. Several years ago they began a business repairing vehicles in order to ensure the regularity of their income. In July 2012, she became a BMI client and took out a loan of Rs 25,000 in order to invest in their business by purchasing machinery. Because of the success of this endeavour in increasing the profitability of their business, they have now decided to apply for a further loan of Rs 50,000. They know that timely investment in this manner will allow them to prosper in the future.

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