Mony Seng

Dey Kro Hom Village, Tasen Commune,, Cambodia

View all entrepreneurs

33662

Mony needed £2318.77 for his business.

Amount Requested

Amount requested:

£2318.77

Repayment term

Repayment term:

36 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Mr. Mony is 30 years old and is an established farmer. He farms maize on 11 hectares of land.

He crops his maize twice a year and gets 5 tonnes a hectare.  The local agent buys the crops directly from his farm after the maize is harvested. He provides employment by hiring 10 villagers to assist him at harvest time and paying them $5 a day.

However, the presently low price of corn and the high labour requirement results in only marginal profitability.

In order to maintain his farming operation at its present level and fund further growth, he is requesting a loan of $2909 in order to purchase good quality seeds, pesticide, weed killer, diesel for his tractor and labouring costs.

He will repay the loan in 36 monthly instalments.

loan added: 14 March 2018

  • Share Mony's loan with your friends:

Mony's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £210.80 £202.16
May 2018 £58.55 £61.16
June 2018 £58.55 £61.59
July 2018 £58.55 £61.79
August 2018 £58.55 --
September 2018 £58.55 --


Show all

Lenders supporting Mony


Sign in

This field is required and must be a valid email address.

This field is required

Forgot password?

New to Lendwithcare?
Join us >

×