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Total loan: $3,000
Myin Su Village
Magway, Magway Region, Myanmar (Burma) / Agriculture
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Myin Su Village's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to hire laborers to help with harvesting and to purchase high quality seeds.
Myin Su Village's story
Located in Central Myanmar’s Myothit township, this community currently has 15 village customers, including five CBO (Community Based Organization) committee members who help to lead the loan program in the area. The village is covered with sand soil, and, thus, it is difficult to grow high quality crops and get enough water. The village always celebrates Buddhist cultural ceremonies, such as offering provisions to monks. The new loan will enable borrowers to hire laborers to help with harvesting and to purchase high quality seeds for next season. Capital for harvesting expenses is essentially needed because the farmers have to harvest the crops very soon. For next season, additional capital is needed to purchase quality seeds for crops such as groundnuts, pigeon pea, and green gum. One grain of those seeds costs, on average, $50. They also have to cultivate millet to feed their cows. In addition, the village is now raising funds to build a well at the monastery, where every household can get enough water for domestic use. Currently, the village has only one old well to supply water. Pictured above are the committee members from Myin Su Village CBO: U Win, U Thein, U Than, U Kyaw and U Than. Included in the photo (second from the left) is U Win, who is 50 years old and has nine family members. His new loan will be used for purchasing sesame seeds and high quality fertilizers for his farm. As he is raising livestock such as cows and bulls, these animals' manures are used as a supplement to expensive chemical fertilizers to improve soil conditions on his farm.