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Total loan: $14,700
Pi Tauk Kone Village
Pakokku, Magway Region, Myanmar (Burma) / Agriculture
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Pi Tauk Kone Village's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to help 77 villagers purchase different types of seeds with packs of insecticides and pesticides.
Pi Tauk Kone 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. The new loan would help this community to buy a variety of seeds, as they grow various crops such as pigeon, sesame, and paddy. Villagers also need to purchase insecticides and pesticides to protect and enrich their crops. One bag of insecticide is about $15, and the required number of bags varies by acreage and crop farmed. In this village, people generate additional income by sewing and crafting handmade products, such as bamboo chairs. About 70% of households are able to sew clothes and make handmade accessories. They are even planning to extend sales to nearby townships. Pictured above are the committee members from the village CBO: U Win, U Aye, U Shwe, U Myint, and Daw Cho. Included in the photo (first from the left) is U Win, who is 57-years-old and the father of two children. His eldest son just graduated from University, and the younger one is currently enrolled in University. With his new loan, he wants to purchase farming inputs, such as sesame seeds and fertilizer, for his farm.