S. Kirupamalar
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Funds released $0.00
Sector Agriculture
Repayment term in months 24.0

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About S. Kirupamalar

Kirupamalar is a previous BMI client from the Serunuwara area in the Trincomalee district where she lives with her family. Her family was entirely reliant on her husband’s income, therefore she growing vegetables in the garden and selling to villagers in the area. She took out a loan of Rs 25,000 in October 2011 which resulted in increased profitability for her business. Because of this, she now wishes to invest in her business and has applied for a loan of Rs 50,000. She knows this timely investment will enable her to increase her profitability by purchasing more fertilizer and seedlings 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 = $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

Sverre Skimmeland
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Shubha & Bala
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UnitedProsperity.org is a U.S. 501(c)3 non-profit organization