A loan of $9,925 helped to provide 56 villagers with high-quality groundnut, peanut, sesame and bean seeds.

Chaung Son Village's story

This community is located in Chaung Son village in Central Myanmar’s Thaung Thar township. There are 51 village customers, 5 of whom are Community Based Organization (CBO) committee members who oversee the loan process.

Farmers in this village cultivate crops such as sesame, groundnuts and beans. Villagers also generate income by selling palm sugar to nearby townships. This new loan would help them buy high-quality groundnut, peanut, sesame and bean seeds and hire labor at $4 per day during the harvest.

Pictured above are U Kyaw, Ma Than, U Khin, U Thet, and U Tun. They are the five committee members from the Chaung Son village CBO. Included in the photo (second from the right) is 42-year-old U Kyaw, the father of two children. He bought green gram, mung bean, and butter bean seeds with his past loan. With his next loan, he will buy fertilizer, which will dramatically increase his crop yields and, therefore, his income from crop sales.

Loan details

Lenders and lending teams

Loan details