Total loan: $16,350
Than Bo Village
Myingyan, Mandalay Region, Myanmar (Burma) / Agriculture
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Than Bo Village's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to help 84 villagers buy high quality inputs to boost bean, betel, and onion yields.
Than Bo Village's story
Located in Central Myanmar’s Taung Thar township, this community currently has 84 village customers, including 7 CBO (Community Based Organization) committee members who help to lead the loan program in the area. This village is located in Myanmar's dry zone, where insufficient rainfall is very common. Most villagers are Buddhist and struggle finding access to affordable credit, as the state-owned agricultural bank is not active in the area. A new loan would enable this community to buy crop inputs such as seeds and fertilizer for crops such as bean, betel, and onion. As the Than Bo community has no access to electricity and therefore relies on candles and batteries for light, they aim to generate enough income from crop sales to purchase a solar light. The light would help their children to study and the villagers do other business, such as rolling cigars, at night. Pictured above are U Ko, U Mg, Ma Thin, U Bo, U Thar, U Kyaw, and U Phoe Toe, who are committee members from the Than Bo Village CBO. Included in the photo is 54-year-old U Bo, the father of two children. He grows peanuts and beans and owns five cows and eighteen sheep to supplement this income. He bought fertilizer and insecticides to enrich and protect his crops with his previous loan. He will invest the new loan to purchase higher quality inputs such as groundnut seeds to grow on his farm.