Savet Ngen

Svaycheat Village, Raing Kessey Commune, Cambodia

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Savet Ngen

Savet needs just £1638.37 to complete his loan



Amount Requested

Amount requested:

£2308.37

Repayment term

Repayment term:

24 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Mr. Saveth is 53 years old. He grows rice on three hectares of land. He is lucky as he can grow dry season rice on his rice paddy, and in just 90 days he can harvest a yield of around 3.5 tons per hectare to sell. The middleman will buy all of the crops from his farm after they have been harvested. What has been useful for his farming is that for the last 6 years he has been using his own tractor to plough his land. This means he can plough his land on time and cut down on some costs. His biggest farming challenge is that the price of his crops is not very high and he can only make a little profit. To farm his dry season rice as in previous years he applied for this 24 month loan in order to purchase some good quality seeds, pesticide, weed killer, diesel for the tractor to plough the land and cover the harvesting costs. A part of the loan will be used to buy soil to fill his other plot of land. He has four children, aged between 29 and 18 years old, and his youngest is still at school.

Loan added: 16 May 2018

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Savet's loan repayment schedule

Date Expected repayments Actual repayments
June 2018 £209.85 Available 01/06/18
July 2018 £87.44 Available 01/07/18
August 2018 £87.44 Available 01/08/18
September 2018 £87.44 Available 01/09/18
October 2018 £87.44 Available 01/10/18
November 2018 £87.44 Available 01/11/18


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