W.T.R.N. Kumara
Loan requested $630.25
Loan issued $630.25
Funds raised $315.13
Funds released $0.00
Sector Handicraft
Repayment term in months 30.0

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About W.T.R.N. Kumara

W.T. Nishanta Kumara is a mechanic in the Dehiowita region in the Sabaragamuwa Province in Sri Lanka. He has over 10 years of experience running his own repair shop that caters to motorbikes and three-wheelers. In 2011 he applied for a BMI loan of Rs. 50,000/- that allowed him to improve his garage. He has now applied for a further loan valued at Rs. 75,000/- that will allow him to further develop his garage and purchase new tools that will increase the quality of his repairs.

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 = $315.13
Total Loan Amount = $630.25

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