Total loan: $6,450
Kan Kyi Village
Magway, Magway Region, Myanmar (Burma) / Agriculture
Kan Kyi Village's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped purchase farming inputs such as fertilizer and high-quality sesame seeds to boost crop yields.
Kan Kyi Village's story
Located in Central Myanmar’s Myothit township, this community currently has 32 village customers, including three CBO (Community Based Organization) committee members who help to lead the loan program in the area. This year, rainfall is erratic, threatening this season's harvest. Sesame is the main crop for this village. Additionally, access to credit is quite limited, as the country's largest provider, the state-owned agricultural bank, is not active in this region. The village is quite small, as there are only about 80 households. They earn money mainly by farming and raising livestock. Although the village is small, it regularly celebrates Buddhist cultural ceremonies, such as offering provisions to the village's 40 monks. This new loan will help this community purchase farming inputs, such as fertilizer and high-quality sesame seeds. Sesame grains are $60 and groundnut grains are $40 for one acre. The extra income will be used for household expenses and community development projects. For example, villagers are raising funds to complete the construction of the village's primary school, which is in need of floors. Pictured above are the committee members from the Kan Kyi Village CBO: U Tin, Daw Mar, and Daw Than. Included in the photo (first from the right) is U Tin, the father of three children. His children are still students. His eldest son has to go to secondary school about two miles from village because there is only a primary school in the village. U Tin will purchase farming inputs such as fertilizer and high quality groundnut and sesame seeds with his next loan.