Sophal Kuy

Poy Kdoeurng Village, Preah Net Preah Commune,, Cambodia

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26492
26492
26492 - thumbnail
26492 - thumbnail

Sophal needed £2953.08 for her business.

Amount Requested

Amount requested:

£2953.08

Repayment term

Repayment term:

24 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Mrs. Sophal is 54 years old and has three children, aged between 24 and 35. She farms dry season rice on a two hectare farm. This type of rice lends itself it to a biannual harvest, and her present yield is three tons per hectare per harvest. She also rents a further five hectares of land from another villager at a rental of around $50 per hectare per annum. The harvested crops are sold directly to a local middleman. She hires 10 villagers to collect the crops and each of them could earn $5 a day from this work. She has taken a loan out to purchase good quality seeds, pesticide, weed killer, as well as to cover ploughing costs at $50 per hectare, the rental costs of the additional five hectares and associated labour costs. A part of the loan will be used to purchase a motorbike for commuting. She aims to pay the loan back within 24 months.

loan added: 30 May 2017

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Sophal's loan Repayment schedule

Date Expected repayments Actual repayments
July 2017 £268.46 £255.64
July 2017 £111.86 £0.00
August 2017 £111.86 £112.78
September 2017 £111.86 £109.46
October 2017 £111.86 £111.38
November 2017 £111.86 £109.73


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