H.P.G. Wasantha
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Funds released $0.00
Sector Handicraft
Repayment term in months 24.0

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About H.P.G. Wasantha

Wasantha is a clay pot maker who lives in a rural area call Serunuwara which is situated in the Trincomalee district. She has been doing pottery since 1993 and she has 30 years of experience. Wasantha has one son and daughter. She lives with her husband and children. Wasantha joined with BMI in the year of 2011. She received loan amount of 25,000 from BMI to support her business financially. She built her business successfully and now she earns Rs. 14,000 monthly. She doesn't want stop her growth from now. So, she has applied for a new loan of Rs. 50,000 to buy more raw materials for her own business. Her idea is to make huge kiln and expand her business, increasing its profitability.

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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Funders to this entrepreneur

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Sverre Skimmeland
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Betty Giordanelli
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David Wene
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UnitedProsperity.org is a U.S. 501(c)3 non-profit organization