Check out some available loans that are similar to this one!
Chalet
Chalet is a 46-year-old widow, living with her youngest son. Her eldest daughter is married.

Chalet's business involves making handicrafts, and she has a lot of experience with this type of business. Ten years ago, she started this business. Currently, she makes cane chairs and tables. There is strong competition in her area for selling handicrafts, because Hikkaduwa is a popular tourist destination. There is a strong demand from foreign tourists for 'Sri Lankan handicrafts.' Even Sri Lankan hotel owners are providing high demand for her products. Chalet is also doing another business making rugs. She has experience and practice in this type of business.

Chalet's youngest son helps her by selling her goods to customers, which greatly helps the business.

Chalet has requested a 40,000 rupee (LKR) loan from BRAC Sri Lanka which she will use to buy cane and timber to make into products.

Thank you for taking the time to consider supporting this Sri Lankan loan!

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

  • $10,400
    Average annual income
  • 0
    View loans »
    Sri Lanka Loans Fundraising
  • $81,025
    Funds lent in using Kiva
  • 116.0
    Sri Lanka Rupees (LKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Chalet to buy cane and timber for handicrafts.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2010
Listed
Apr 30, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 11, 2011