Total loan: $1,325

12 Quarter (2) Group

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Pakokku, Magway Region, Myanmar (Burma) / Services

12 Quarter (2) Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy required materials for making sandal straps.

12 Quarter (2) Group's story

Lae, in the beige-colored blouse, is a 36-year-old single mother of a daughter who attends school. After splitting up with her husband, Lae realized that she cannot always depend on her brother, a carpenter who made shoe racks, for money. So, in 2012, she began making sandal straps for a living and worked at it with full conviction.

Although Lae has been doing fine for few years, recent spikes in the prices of raw materials she needs such as rubber soles, plastic covers for protection against the rain, and fuel oil has led her to apply for a loan. She wishes to use this money as a down payment to buy the required raw materials mentioned above in bulk. She has timed her loan application right at the end of monsoon season when demand is high.

Other members of this group includes Myint, Myint Myint, Nu, Tin, and Khin.