Sieng Chao

Andoung Kandal Village, Banteayneang Commune,, Cambodia

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34153

Sieng needed £3683.02 for her business.

Amount Requested

Amount requested:

£3683.02

Repayment term

Repayment term:

36 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Mrs. Sieng is 41 years old and she has three children, aged between 13 and 21 years old. Her youngest is at school. Currently she and her husband grow wet season rice crops on 13 hectares of land. By growing this kind of rice they can collect three tonnes of crops per hectare to sell. All of their crops will be sold directly to local merchants who will buy from their farm. To make sure she can get more rice crops to sell on the market she has applied for this 36 month loan in order to purchase another hectare of rice paddy to grow wet season rice. The rent cost is around $3,400. The rest of the loan will be used to cover the costs of rice farming such as the ploughing costs, and buying fertilizer, pesticide, weed killer and other costs.

loan added: 06 April 2018

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Sieng's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £334.82 --
May 2018 £93.01 --
June 2018 £93.01 --
July 2018 £93.01 --
August 2018 £93.01 --
September 2018 £93.01 --


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