Cambodia
Loan description:
Mrs. Sophal is 54 years old and has three children, aged between 24 and 35. She farms dry season rice on a two hectare farm. This type of rice lends itself it to a biannual harvest, and her present yield is three tons per hectare per harvest. She also rents a further five hectares of land from another villager at a rental of around $50 per hectare per annum. The harvested crops are sold directly to a local middleman. She hires 10 villagers to collect the crops and each of them could earn $5 a day from this work. She has taken a loan out to purchase good quality seeds, pesticide, weed killer, as well as to cover ploughing costs at $50 per hectare, the rental costs of the additional five hectares and associated labour costs. A part of the loan will be used to purchase a motorbike for commuting. She aims to pay the loan back within 24 months.
Loan added: 30 May 2017
Sophal's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £268.46 | ||
| £111.86 | ||
| £111.86 | ||
| £111.86 | ||
| £111.86 | ||
| £111.86 | ||
| £111.86 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.
