Ratha Nhol

Reachdoun Koe Village, Prek Norin Commune,, Cambodia

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Ratha Nhol

Ratha needs just £1292.04 to complete his loan



Amount Requested

Amount requested:

£3357.04

Repayment term

Repayment term:

36 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Mr. Ratha is 34 years old and he has been a farmer for over 10 years. He currently grows rice on 11 hectares of land, growing short term rice. This enables him to get three tonnes of crops per hectare to sell. All of his crops will be sold directly to the local merchant who buys from his farm after his crops have been harvested. As well as this rice farming he also grows green beans on another three hectares of land. In a period of just 90 days he can collect 800 kilograms of crops per hectare to sell. He generally grows green beans in January and harvests in March or April. It has been useful for his farming to use his own tractor to plough the land. Over the last 5 years this has enabled him to cut down some costs and plough the land on time like his villagers. To make sure he has a strong working capital on his farm then he applied for this 36 month loan in order to purchase good quality seeds, pesticide, weed killer, diesel for his tractor to plough the land, and to cover the harvesting costs (he rents threshing to harvest his rice crops and the rental cost is around $100 per hectare).

Loan added: 10 May 2018

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Ratha's loan repayment schedule

Date Expected repayments Actual repayments
June 2018 £305.19 Available 01/06/18
July 2018 £84.77 Available 01/07/18
August 2018 £84.77 Available 01/08/18
September 2018 £84.77 Available 01/09/18
October 2018 £84.77 Available 01/10/18
November 2018 £84.77 Available 01/11/18


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