Mrs. Vanny has been using the loan from Lendwithcare over several months to acquire farming land for her rice cultivation. It is now time for an update on the progress of her rice farming venture. Mrs. Vanny anticipates harvesting her rice either in the first few months of 2024. Her husband diligently tends to the rice field on a daily basis, ensuring optimal growth and development.
With the current market conditions, the price of rice crops is slightly higher than the previous year. Mrs. Vanny is optimistic that this trend will persist even after her harvest. She foresees a favourable return on investment if the prices remain elevated, making it a lucrative opportunity for her to sell the rice to local middlemen. The potential for a higher return on her investment adds to the positive outlook for Mrs. Vanny's rice farming venture.