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Sep 16, 2016 5:09 PM ET

Myanmar (Burma): Ingapu-3 (A, B, C) Village Group – A loan of $2,975 helps to purchase additional ducks and repair Thein’s duck barn.

iCrowdNewswire - Sep 16, 2016

Ingapu-3 (A, B, C) Village Group


Borrower image

Ingapu-3 (A, B, C) Village Group’s story

Ingapu-3 (A,B,C) village group is located in Myanmar’s Delta region. This community group consists of five leaders overseeing a larger group of 18 village customers. The picture above shows the members named Thein, San, Pyone, Aye and Khin.Thein (in the middle) is 37 years old and married. He has two children.This Kiva community loan will help him to purchase additional ducks and repair his duck barn. After the rainy season his duck farm’s roof was destroyed and the villagers need to renovate them once a year, which costs nearly $100 per roof.

In addition to this, some of the other group members will buy high quality duck feed that will produce more duck eggs and well-nourished ducks. Well-nourished ducks mean less disease and higher prices when they are sold, which will boost farmer incomes so that they can save for their children’s education fees.

This loan is special because:

It supports economic growth for an entire village.

Mark McDonagh
Kiva staff

More about this loan

This loan will be facilitated through Proximity Designs network of Community Based Organizations (CBOs) in order to support rural farmers in Myanmar’s Delta and Dry Zone regions.  Proximity worked closely with CBOs to provide relief services after Cyclone Nargis and to support village infrastructure projects.

CBOs also play a key role in providing access to microcredit.  In this model, CBO committee members support Proximity loan officers throughout the entire loan cycle. They assist in selecting village borrowers and also act as formal representatives during loan disbursement, collection of repayments and other communications. CBO committee members appear in Kiva profiles – often alongside village borrowers – as representatives of the community.

Since families rely heavily on income from farming to support their livelihoods, these loans are structured with a single bullet repayment at the end of the loan term. The timing aligns with expected harvest season when borrowers will be able to repay. All community members who receive financing through the CBO model must repay their portion of the loan before a village will be eligible to receive new funding.

About Proximity Designs:

Proximity Designs is a non-profit social enterprise that offers loan products to help small, low income farmers increase their productivity and income. There are around 12 million farmers in Myanmar who make up more than a third of the labor force. The majority of these farmers have virtually no access to formal credit institutions.

In the absence of other financing opportunities, most small farmers in Myanmar are unable to afford the equipment, material, and labor necessary to grow their crops without the help of Proximity Designs. Kiva funding will be used to help Proximity Designs expand its agricultural microfinance operation and reach more low income, rural farmers.

A loan of $2,975 helps to purchase additional ducks and repair his duck barn.

Contact Information:


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