A loan of $7,775 helped to help 40 villagers buy high quality inputs to boost crop yields.

Ma Gyi Kone Village's story

Located in Ma Gyi Kone Village in Central Myanmar’s Na Htoe Gyi township, this community currently has 40 village customers, six of whom are CBO (Community Based Organization) committee members helping lead the loan program in the area. Each villager will receive about $190.

A new loan would enable this community to buy crop inputs such as seeds and fertilizer for crops such as bean, betel and onion. This will improve their yields and therefore crop sales, leading to an increase in the farmers' incomes. Villagers hope to use this additional income to dig a well to increase the village's access to clean water. Currently, village members must spend $15 per month and substantial amounts of time to collect clean water to drink.

Pictured above are U Toe, U Han, U Maw, U Chit, U Than, and U Han. They all are CBO members from the Ma Gyi Kone Village. Included in the photo (fourth from the left) is 47-year-old U Han, the father of three children. His 20-year-old son helps U Han farm and the younger two sons (15 and 7 years old) are in school. Last year, U Han Aye took a loan to buy fertilizer and other agricultural inputs for his crops. He plans to do the same this year with his new loan. His goal is to expand his farm so that he can pay for his children's education.

Loan details

Lenders and lending teams

Loan details