S. Letchumy
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Sector Retail
Repayment term in months 24.0


Feed RSS

[Post to Twitter]Tweet this entrepreneur

Bookmark and Share
View members and loans

Spread the word

Encourage your friends and family to join you in supporting the cause of your championed entrepreneur.

Third
Thank your supporters and encourage them to share your cause with their friends.
About S. Letchumy

Letchumy lives in a village in Thampalamgam in the Trincomalee district with her family. She is earning a monthly income of approximately Rs. 30,000/-. She has a retail store from which she sells to nearby villagers and has been operating this business for several years. She has seen the benefit of investing in her business by attending BMI cluster meetings and by her previous BMI loan of Rs 30,000 in 2012. Thus Letchumy wishes to expand her business through purchasing more goods at a bulk discount rate by taking out a loan of Rs 50,000. She knows that this timely investment will enable her to increase her profitability and allow her to take care of her family.


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
Comments Add a Comment about this entrepreneur


Please login to add a comment.


Funders to this entrepreneur

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