R. Seipunisha
Loan requested $252.10
Loan issued $252.10
Funds raised $126.05
Funds released $0.00
Sector Livestock
Repayment term in months 24.0

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About R. Seipunisha

Seipunisha is a new BMI client from the Serunuwara area in the Trincomalee district where she lives with her family. In order to supplement her family income, she began to keep goats near the house and selling goat’s milk to villagers in the area. Now, having seen the benefits of Microfinance by attending cluster meetings, she wishes to invest in her goat keeping business and has applied for a loan of Rs 30,000. She knows this timely investment will enable her to increase her profitability by purchasing more goats and feed at a bulk discount rate.

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