A loan of $4,475 helped to help 23 villagers purchase high-quality groundnut, sesame, and butter bean seeds that will boost crop yields.

Khan Sat Kone (West)Village's story

Located in Central Myanmar’s Taung Thar township, this community currently has 23 village customers, 6 of whom are CBO (Community Based Organization) committee members helping to lead the loan program in the area.

The main businesses for this village are cultivating crops, rolling cigars and tapping toddy palm for sugar. Many young people are migrating to other cities, as there are no job opportunities for them in the village. These new loans will help farmers purchase better groundnut, sesame, and butter bean seeds for the upcoming cropping season. Additionally, the loans will fund necessary farming investments, such as fertilizer and hired labor.

Pictured above are U Thein, U Kyaw Myo, Daw Han, Daw Nu, Ma Khin, and U Kyaw Min. They are the committee members from the village CBO who vouch for loan applicants. Included in the photo (farthest to the right) is U Thein, who is 25 years old and the father of one child. He purchased fertilizer for his farms with his previous loan and is planning to use his next loan to buy high-quality peanut and groundnut seeds. These will boost his crop yields and, therefore, his income from farming.

Loan details

Lenders and lending teams

Loan details