Total loan: $7,450
Than Man Taw Village
Myingyan, Mandalay Region, Myanmar (Burma) / Agriculture
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A loan helped to help 40 villagers purchase livestock to raise and sell for additional income.
Than Man Taw Village's story
This community is located in Central Myanmar’s Thaung Thar township. This village has 40 loan clients, 7 of whom are Community Based Organization (CBO) committee members who oversee the loan process. Members of this village generate income by cultivating crops, such as sesame and beans, and raising livestock, such as pigs and goats. 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. This new loan would help community members buy livestock to sell for a profit. People have to pay about $60 for a sheep or goat. After raising them, they are able to resell these animals for $100, generating a $40 profit with each sale. Not only can villagers make money by reselling the livestock, but they can also use their manure as natural fertilizer on their farms. Pictured above are Daw Swe, Daw Zar, U Khin, U Hla, U Myint, U Soe and U Thein. They are the committee members from the village's CBO. Included in the photo (the second from the left) is 31 year-old Daw Swe, the mother of two children. Her youngest son is only 8 years old and is studying in primary school. Her family generates income through farming, livestock raising, and selling groceries. She bought three grains of peanuts with her previous loan and is planning to buy two small pigs with her new loan.