A loan of $8,525 helped to help 44 villagers buy farming inputs, such as seeds and fertilizers, and equipment.

Min Kan Village's story

Located in Central Myanmar’s Yaysagyo township, this community currently has 44 village customers, including 6 CBO (Community Based Organization) committee members who help to 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 to find access to affordable credit, as the state-owned agricultural bank is not active in the area.

Most people in the village rely on traditional farming and cultivate various crops such as pigeon peas, sesame, chickpeas, cotton and groundnuts. The new loan would enable the community to pay for farming inputs such as seeds, fertilizers and compost, and lease equipment, such as tractors and bulls, for the planting and harvesting seasons.

Pictured above are the committee members from the Min Kan Village CBO: U San, U Win, U Tin, Daw Aye, Daw Myint and Daw Kyi. Included in the photo (farthest to the right) is 50-year-old U San, who has eight family members. He works not only as a farmer, but also as a construction worker in nearby villages. He used his past loan to invest in compost and fertilizer. He will invest his new loan in sesame and cotton seeds for the coming cropping season.

Loan details

Lenders and lending teams

Loan details