C. is a 21 year old married woman living with her husband and one daughter. Her husband has a small masonry business which she helps him with to support the family. She wants to take a loan and improve their business so that in future with the income from the business they can provide higher education for their daughter. Ultimately they want to earn enough money to live a decent life. With the loan she plans to buy brick, sand, stone, and other materials that help the daily operations of the masonry business.
Due to Sri Lanka’s central bank regulations, there is a chance that you may not receive repayment on this loan for up to 12 months after the repayment has been collected by the field partner. Bank regulations in Sri Lanka stipulate that US Dollars cannot leave the country for 12 months. However, Kiva’s net billing system, under normal circumstances will allow for more timely repayment. For more information, please visit BRAC Sri Lanka’s Field Partner page (accessible on the right side of this page).