A loan of $4,950 helped to help 24 villagers to purchase chickpea, sunflower, pigeon pea, and paddy (rice) seeds.

Mauk Loke Village's story

Located in Central Myanmar’s Yin Mar Pin township, this community currently has 24 village customers, including 5 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.

A new loan would enable borrowers to purchase farming seeds such as chickpea, sunflower, pigeon and paddy (rice). For this season, most farmers planted sesame, but the yields were lower than expected due to weather inconsistencies. In additional to selling the raw crops, farmers sell sunflower and sesame oil to other towns. Although there is no pasture for goats and sheep near the village, this community will raise pigs and cows to supplement their farming incomes. With their profits, the village is planning to construct a 500-meter deep well to supply their families with fresh water, even during drought periods.

Pictured above are the committee members from the Min Ma Kone Village CBO: U Khin, U Chit, U San, U Aung, and Daw Thi. Included in the photo is 62-year-old U Khin, who has ten family members. As he has a large family, he has to do both farming and raising livestock to support their needs. As he bought three pigs with his previous loan, he is planning to invest his new loan in paddy, chick pea and pigeon pea seeds.

Loan details

Lenders and lending teams

Loan details