In September 2022, Thin received a microloan through Lendwithcare to rescue her cattle farming business, which was facing a downturn due to a lack of working capital. With the loan, she was able to keep her cattle farm going until now. The loan was used to purchase one more cow, cattle feed, straw bales, essential materials to enlarge the cattle shed, and other key farming inputs.
After receiving the loan, her farm is running more smoothly, and she is able to breed more calves and sell more manure to local farmers. As her cattle herd is also growing larger, she plans to expand the cattle shed to accommodate more animals and enhance the overall efficiency of her farm. By further expanding her farm, Thin can provide better shelter and care for her cattle, resulting in healthier animals and increased profits after their sale.
Thin thanks Lendwithcare and all the lenders for their generosity in supporting her, enabling her to sustain and thrive in her traditional farming business. She is also grateful for the low interest rates offered by SED in collaboration with Lendwithcare, which have made repayments more manageable and allowed her to save money.