I Risana
Loan requested $252.10
Loan issued $252.10
Funds raised $126.05
Funds released $0.00
Sector Services
Repayment term in months 24.0

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About I Risana

Risana is a new 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 began making and mending clothes for villagers in the area in her spare time. Now, having seen the benefits of Microfinance by attending cluster meetings, she wishes to invest in her business and has applied for a loan of Rs 30,000. With these funds she intends to purchase a sewing machine, which will enable her to rapidly increase the number of clothes she can produce and mend. She knows this timely investment will enable her to increase the profitability of her tailoring business.

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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Funders to this entrepreneur

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