Pek Kou

Prek Trob Village, Prek Norin Commune,, Cambodia

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34200

Pek needed £2410.64 for his business.

Amount Requested

Amount requested:

£2410.64

Repayment term

Repayment term:

36 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Mr. Pek is 46 years old and he has six children, aged between 25 and 13 years old. His four youngest are at school. He grows rice crops on seven hectares of land. By growing wet season rice he can collect two tonnes of crops per hectare to sell. The crops will be sold directly to his local middleman who buys from his farm. After his rice crops have been harvested then he also grows green beans on the same land. In a period of around 90 days he can pick around 800kg of crops per hectare to sell. To make sure his working capital is strong for both his rice and bean farming he has requested to borrow this 36 month loan in order to purchase good quality seeds, pesticide, weed killer, diesel for tractor to plough the land, commercial fertilizer and cover on labouring costs. He hires around 10 villagers to assist him on picking the green beans, and each of them can earn $5 a day from this work.

loan added: 10 April 2018

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Pek's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £219.15 --
May 2018 £60.87 --
June 2018 £60.87 --
July 2018 £60.87 --
August 2018 £60.87 --
September 2018 £60.87 --


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