Yeng Sngam

O Chrov District, Banteay Meanchey Province, Cambodia

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Yeng Sngam

Yeng needs just £219.17 to complete his loan



Amount Requested

Amount requested:

£2909.17

Repayment term

Repayment term:

36 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

BORVOR

Yeng Sngam is 47 years old and has been a farmer for over six years. He has two grown-up children aged 23 and 28 years old. He farms long-term rice crops on 6 hectares of farmland. Each crop of rice is ready for harvesting 6 months after planting, as long as they are cared for correctly. He is able to harvest 2.5 tonnes of rice per hectare of land, and usually sells his crops directly to his local vendor who collects the crops from his farm.

He has been using his own tractor since he started his rice farming business which has allowed him to prepare his land on time and cut some of his farming costs, including employing other workers.

Yeng would like to use his loan to buy 2 additional hectares of farmland so that he can grow more rice which is in high demand in the area where he lives.

Loan added: 07 July 2018

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Yeng's loan repayment schedule

Date Expected repayments Actual repayments
August 2018 £264.47 Available 01/08/18
September 2018 £73.46 Available 01/09/18
October 2018 £73.46 Available 01/10/18
November 2018 £73.46 Available 01/11/18
December 2018 £73.46 Available 01/12/18
January 2019 £73.46 Available 01/01/19


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