Sal Than

Kbal Thnal Village, Kampong Prieng Commune,, Cambodia

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35082

Sal needed £2575.00 for his business.

Amount Requested

Amount requested:

£2575

Repayment term

Repayment term:

36 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Mr. Sal is 40 years old and he has been a farmer for many years. He currently grows rice on around one hectare of land. By growing wet season rice he can get four tons of crops to sell to his local middleman, who buys from his farm. As well as this rice farming he also has another business as a construction worker and earns around $6 a day from this work. To make sure he can get more rice crops to sell at the market he wants to borrow this 36 month loan in order to purchase a plot of land of around 6,000 square metres, to grow more wet season rice. He expects to get around two tons of crops from this new farm land. The land will cost about $4,000. He already has his own savings of around $700, which he will add to the loan to purchase this land. He has four children, aged between 10 and 18 years old, and his two younger are at school.

loan added: 30 May 2018

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Sal's loan Repayment schedule

Date Expected repayments Actual repayments
June 2018 £234.09 --
July 2018 £65.03 --
August 2018 £65.03 --
September 2018 £65.03 --
October 2018 £65.03 --
November 2018 £65.03 --


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