A loan of $7,725 helped to help 39 villagers buy livestock to raise and sell for a profit.

In Ma Htee Village's story

Located in Central Myanmar’s Pale township, this community currently has 39 village customers, including 7 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 finding access to affordable credit, as the state-owned agricultural bank is not active in the area.

Due to inconsistent weather, villagers must find additional income sources to ensure that they have enough money to support the education and health of their families. Some will therefore migrate to the cities or nearby mines in search of employment. For those who stay in the village, livestock raising is a good opportunity. Small pigs and goats can be purchased for $50 and sold back for $150, generating $100 in profit. Additionally, manure from the animals can be used as natural fertilizer on the villagers' farms.

Pictured above are the committee members from in the Ma Htee Village CBO: U Tin, U Aye, U Thein, U Htay, Daw San, U Phoe, and U Pyay. Included in the photo (second from the right) is 45-year-old U Tin, the father of six children. Two of them are still studying at school. He mainly grows sesame and cotton for his farm and also has a small grocery shop to generate extra income. He bought two small pigs with his previous loan and plans to buy two or three small goats with his new loan.

Loan details

Lenders and lending teams

Loan details