Sinoeurn Seut

Kork Thnong Keut Village, O Prasat Commune,, Cambodia

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34086

Sinoeurn needed £2269.43 for his business.

Amount Requested

Amount requested:

£2269.43

Repayment term

Repayment term:

36 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Mr. Sinoeurn is 31 years old and he has been a farmer for five years. At the moment he farms wet season rice on seven hectares of land. Growing this kind of rice takes around six months to cultivate before it is ready to be harvested and sold. He normally collects around 3 tonnes per hectare for sale. A middleman buys all of his crops directly from his farm after the crops have been harvested. Five years ago he was able to purchase his own tractor with the profits from his farming and this has really helped to improve efficiency and costs. To improve his yields further he has applied for a 36 month loan in order to purchase an additional hectare and half of land on which to grow dry season rice. He expects to collect around four tonnes of rice from this new piece of land. He will combine the loan with some savings to make this purchase.

loan added: 03 April 2018

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Sinoeurn's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £206.31 --
May 2018 £57.31 --
June 2018 £57.31 --
July 2018 £57.31 --
August 2018 £57.31 --
September 2018 £57.31 --


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