Yan Chea

Dey Kro Hom Village, Tasen Commune,, Cambodia

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33660

Yan needed £1841.51 for her business.

Amount Requested

Amount requested:

£1841.51

Repayment term

Repayment term:

36 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Mrs. Yan is 53 years old and she has two children, aged 17 and 21 years old. Her youngest is at school. At the moment she and her husband farm maize on eight hectares of land. They can collect their crops twice a year and need to spend around 90 days to collect five tonnes of crops per hectare to sell. The middleman will buy their maize crops at their farm after the crops have already been picked. They also hire 10 villagers to assist them on picking the crops. Each of them can earn $5 a day from this work. To make sure they can get a strong working capital on their maize farm they applied for this 36 month loan in order to purchase some good quality seeds, pesticides, weed killer, and pay for the ploughing costs (one hectare costs $40) and cover the labouring costs.

loan added: 14 March 2018

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Yan's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £167.41 £148.37
April 2018 £46.50 £0.00
May 2018 £46.50 £48.93
June 2018 £46.50 £49.27
July 2018 £46.50 £49.42
August 2018 £46.50 --


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