Sothilingam Yokeshwary
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 Sothilingam Yokeshwary

Sothilingam Yokeswary of Senaiyoor, Muthur lives with her husband and her son. Her husband is into general trade. She started a grocery adjoining her house to make additional income. Becoming a BMI cluster member in 2011 made her to receive her first business loan of Rs. 25,000 from BMI, which she invested to further expand her shop by buying new grocery items to sell in her shop. At present she is making a monthly income of Rs. 18,000 from her grocery shop. She has now applied for her second BMI loan of Rs. 50,000. With six years experience in her shoulder running this business, Yokeswary knows this is a right investment at right time to increase her income. She also has developed a big set of clientele who come everyday to her shop for all general merchandising.

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