A loan helped to purchase crop inputs such as petrol and fertilizer, as well as hire laborers.

Lay Eaing Kone's story

Located in Lay Eaing Kone, in the Myanmar Ayeyarwaddy Delta region. Lay Eaing Kone has a population of approximately 500. The group has five CBO (Community Based Organization) members, overseeing a group of forty-two village customers. Rice farming is the main activity in this village.

This loan will help some group members purchase fertilizers, crop seeds, rent farming equipment and petrol. In this region, rice farming can only be done one season, the rainy season, per year. Therefore, families in this village also have additional income sources to ease family financial issues. This includes either livestock such as pigs and ducks, or seasonal plantation such as calabash trees and betel trees.

Pictured above are CBO members from Lay Eaing Kone Village group, named (From left to right) Than, Myint, Kyaw and Thein. Than is part of a family that has farmed for generations. He and his family have to struggle just to live day-to-day life because their main income comes from farming one season per year. This is less than other areas in the Myanmar Delta, where rainfall permits farming for two seasons per year. Than's family also faces risks such as over-flooding of his paddy field from excessive rain.

The loan from Proximity will help Than buy much needed fertilizers, pesticides and hire laborers. Hired labor is important to increase yield from his paddy production. Than is proud to be a father of four children and supports his youngest son's education, who is in his final year at Yangon Institute of Technology. Increased income from Proximity's loan will help Than expand his farm business and pay the remaining expenses for his son's education.

Loan details

Lenders and lending teams

Loan details