Total loan: $5,000
Koke Ko Su Village
Pakokku, Magway Region, Myanmar (Burma) / Agriculture
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Koke Ko Su Village's loan finished fundraising,
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A loan helped to help 29 villagers buy livestock to raise.
Koke Ko Su Village's story
Located in Central Myanmar’s Yasagyo township, this community currently has 29 village customers, including 5 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. Despite their struggles, they are very hospitable and work hard to support their neighbors. Most villagers are farmers, growing mainly peanuts, beans, and groundnuts. They require capital for fertilizer to enrich their crops and labor to make planting and harvesting easier. To supplement crop sales, many families aspire to raise livestock, such as small pigs and goats. The new loans will help them purchase animals to raise and sell back for a profit. In addition to generating additional income, manure from the animals can be used as natural fertilizer. As side businesses, villagers will also sell incense or snacks, generating, on average, $2 a day. Pictured above are the committee members from the village CBO: U Pho, U Tin, U Aung, U Thein, and U Myo. Included in the photo is U Tin (second from the left), who is the father of two children. As his young daughter is still a student, he wants to invest his new loan in raising livestock so that this additional income can go towards his daughter's education.