I Nirosani
Loan requested $252.10
Loan issued $252.10
Funds raised $126.05
Sector Agriculture
Repayment term in months 24.0

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About I Nirosani

Niroshani is a 26 year old woman from the Kotmale area in the Nuwara Eliya region. She lives with her husband who is a driver and two young children and mother in law. Their average monthly income is very low. In order to supplement their income and meet the increasing costs of having a family, she began a tea cultivation business. She has approximately 2 years experience running this business. A recent BMI customer, Niroshani has seen the positive outcomes of using microfinance resources to invest in a small business and increase the capacity and success of the business. She has applied for a loan of Rs 30,000. This will enable her to purchase resources such as fertilizer in bulk and increase the profitability of her business.

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