A loan of $13,600 helped to help 71 villagers purchase high quality fertilizer and pesticides that will enrich and protect their crops.

Thar Si Village's story

Located in Thar Si Village in Central Myanmar’s Taung Thar township, this community currently has 71 village customers, 5 of who are CBO (Community Based Organization) committee members who help 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.

In this village, the villagers cultivate crops such as peanuts, millets and sesame. For the coming season, they plan to use their loans to buy high quality fertilizer to improve soil conditions and increase crop yields. The cost of fertilizer is about $15 for one bag. The necessary number of fertilizer bags varies depending on farm acreage and the usage of natural fertilizers, such as animal manure. During the monsoon season, most farmers will spend $200 on farming inputs. The income generated from crop sales is used to support their families and make other investments, such as purchasing livestock.

Pictured above are Daw Phyu, U Sein, U Myo, U Aung and U Sein. They are the committee members from the Kan Aye Village CBO. Included in the photo (second from right) is U Sein, who is 58 years old and lives with his five family members. He bought peanut and sesame seeds with his last loan and plans to use his next loan to purchase fertilizer.

Loan details

Lenders and lending teams

Loan details