A loan of $5,500 helped to rent farming machines, and purchase fertilizers and petrol for farm equipment.

Sit Kone Village Group's story

The featured borrower, Tin, is 63 years old, married, and supports a family of eight (six children). He is a proud father because all the children are independent. Farming runs in Tin's blood, as the family has been doing farming through generations. He farms on his five acres of crop farm.

This funding will have many benefits in Tin’s business, such as regulations in cash flow, as it needs huge capital before the harvest season. It will also help him purchase the necessary farming inputs such as fertilizer and petrol for farm equipment. These inputs are vital for his crop farming to increase yield.

From the profits generated from the loan, he is planning to buy a pig. Furthermore, he is also a very active community leader in the village.

Sit Kone Village is located in the Myanmar Ayeyarwaddy Delta region and has over 80 households. Pictured above (from left to right) are Tin, Myint, San, Htay, and Khin. The CBO leaders oversee the group of 26. The funding will help the group purchase farming essentials before harvest time. Sit Kone Village mainly focuses on crop farming, as well as other seasonal plantations such as betel, bananas, and coconut trees.

Loan details

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Loan details