G. Malani
Loan requested $420.17
Loan issued $420.17
Funds raised $210.08
Sector Livestock
Repayment term in months 24.0


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About G. Malani

Malini is a BMI client from Viharapadugama village in the Anuradhapura District. She manages a small scale Dairy farm. Malini first obtained her loan of LKR 30,000/- in 2012. She has around 5 years’ experience in dairy farming. The first loan was obtained to purchase a cow for milking. Malini is a widow and lives with her adult son who is unemployed at present. The main source of income for them is the dairy farm. Malini has now applied for her second loan which is to be utilized for the purpose of purchasing another cow for milking. There is much demand for milk within the village. However Malini is unable to meet the demand with the present capacity. With the addition of another cow, she would like to start a supply to areas a bit away from her village as well. With the additional sales she feels the business could be taken to another level of expansion in the near future. Malini is the sole breadwinner and hopes for a brighter future for her son and herself. She is confident of development with the aid given by BMI.


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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Colette
Shubha & Bala
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Anonymous
 
 
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