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Mallika
Mallika is a 55-year-old woman living with her husband and two children in the town of Dickwella, Sri Lanka.

Mallika has a business growing bananas, which she runs with her husband, and they have done this for a long time now. The household is entirely dependent on their income from banana cultivation. Over the years, Mallika has developed a good knowledge of agriculture, and considers herself to be an innocent and honest lady.

Mallika is seeking a 50,000 LKR loan from BRAC to expand her enterprise. In fact, this will be Mallika's 3rd loan with BRAC, as she has successfully received and repaid loans in the past. In the future, Mallika and her husband hope to be able to provide employment to another person in the community through the expansion of their business.

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Additional Information

Important Information

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).

About Sri Lanka

  • $2,580
    Average annual income
  • 0
    View loans »
    Sri Lanka Loans Fundraising
  • $81,025
    Funds lent in using Kiva
  • 113.9
    Sri Lanka Rupees (LKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Mallika to purchase agricultural products to aid her banana cultivation.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2010
Listed
Mar 20, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 11, 2011