Progress Reports

Swarna Tikirage

Berendina Microfinance Institute, Sri Lanka

$438.60 of $438.60 repaid.

Swarna is a poultry farmer. She lives in Ipalogama. She has been engaged in this type of farming for a long time. Since, Swarna was facing financial difficulties in sustaining this business; she applied for a loan amount of Rs. 50,000 from BMI which she was given. She utilized this loan to buy poultry chicks and feedings. She also received advice from the Enterprise Development Officer of BMI, who was able to provide her with advice on effectively managing her poultry business and maximizing on her investments. She now enjoys an increased income and is thankful to BMI for the financial assistance as well as the guidance given.

Posted by Chanuka Dilhani on Jan 21, 2014

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Chaminda Pushpakumara

Berendina Microfinance Institute, Sri Lanka

$350.88 of $350.88 repaid.

Chaminda is a farmer who runs a vegetable nursery in Ipalogama. Chaminda was facing financial difficulties in running this vegetable nursery. Therefore, he approached BMI and obtained a loan of Rs. 40,000 to improve his nursery. Chaminda used that loan to buy seed and fertilizer for the nursery. He also received proper guidance from the enterprise development officer of BMI. Now, he enjoys an increased income and his vegetable nursery is also a success.

Posted by Chanuka Dilhani on Jan 21, 2014

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Philip Roshan

Berendina Microfinance Institute, Sri Lanka

$438.60 of $438.60 repaid.

Roshan is a poultry farmer. He lives in Ipalogama. He has been engaged in this farming for a long time. Roshan joined with BMI a few years back. He took a loan amount of Rs. 50,000 from BMI to buy poultry feedings. The loan became very useful to run his farming successfully. He bought more poultry chicks too. Because he has saved some money, by using his loan amount efficiently. The enterprise development services of BMI also guided Roshan towards increasing his income.

Posted by Chanuka Dilhani on Jan 21, 2014

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Manel Shriyani Amarasinghe

Berendina Microfinance Institute, Sri Lanka

$438.60 of $438.60 repaid.

Manel runs a retail shop in a village called Ipalogama. The shop started to run successfully after she joined with BMI. She received some good guidance from the enterprise development officer of BMI. At first she couldn’t organize her business properly to gain increased profits. The advice given by BMI gave her huge strength to the business. Further, she also received a loan of Rs. 50,000 from BMI to increase her stock and enlarge her shop space. She utilized the loan properly and was also able to increase her income. Manel is very grateful to the enterprise development services of BMI for putting her on the right track towards organizing her business properly and achieving increased profits.

Posted by Chanuka Dilhani on Jan 21, 2014

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Anula Seneviratne Balasooriya

Berendina Microfinance Institute, Sri Lanka

$219.30 of $219.30 repaid.

Anula is engaged in a fish business in the Ipalogama area. She purchases sea fish from wholesale fish merchants and sells this fish in the local market of her village. Though this business is traditionally done by men, Anula is a rare example of a female engaged in this business. Sea fish also has a very high demand in her area, because her village is located in the interior of the country far from the sea. Since, Anula was facing issues with keeping her fish fresh, she applied for a loan to buy a refrigerator from BMI. She received a loan of Rs. 25,000 for this, now Anula is able to purchase and store larger quantities of fish and as a result her income too has increased through this investment.

Posted by Chanuka Dilhani on Jan 21, 2014

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