K.G.S. Irangani
Loan requested $166.67
Loan issued $166.67
Funds raised $83.33
Sector Handicraft
Repayment term in months 24.0


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About K.G.S. Irangani

SunethraIranganie (39), is a new BMI client from Kegalle District. She has been involved in a small business manufacturing paper bags/envelopes for the past two years. She earns a monthly income of Rs.5,000/- with the present raw materials available. Sunethra has applied for a loan amounting to Rs.20,000/-. The said loan has been requested in order to purchase large quantities of paper and other materials necessary for increase in production and for the development of her present home business. Themain income is the money earned from her small business. However she supports her two schooling children and a dependent parent who lives with her. Their total income is below minimal for a household such as hers and barely meet their day to day expenses.Iranganie and her family live in a half built house owned by a relative/family member. She is compelled to ensure that her business will further develop and see her family through to a higher economic level in the future. Iranganie is strong willed and is motivated to see positive results through sheer hard work.


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 = $83.33
Total Loan Amount = $166.67

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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Sandra Bonillo
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Ms. M
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Jay Hanmantgad
 
 
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