Tun Yat Impact Loan 2

BREAD – Part Two (Building Resilience and Empowerment for Agricultural Development)

LIVE LOAN STATUS

$30,000

Amount Committed (USD)

4

Lenders

61%

Of Target

BREAD - Part Two (Building Resilience and Empowerment for Agricultural Development)

This loan goes towards a continued debt facility program supporting small-holder farmers in Myanmar – to use for a credit purchase program for inputs. The inputs include land prep, tilling and harvesting, as well as application of inputs (fertiliser, seeds) for their rice planting seasons. 

Funds will continue to enable Tun Yat to pay the input suppliers first, then to reduce the liquidity and cash-flow constraints experienced by farmers. Funds will be repaid after farmers harvest their crops. 

30% of these farmers are women farmers, as Tun Yat is trying to support women’s economic empowerment in rural areas. These funds act as a catalyst. After repayment farmers can re-use the funds as a revolving fund, to re-plant for the next season, generating more local capital for their farming needs, empowering them to act locally.

 

49K

Loan Amount (USD)

$500

Minimum Buy-In

6 months

Loan Term

9%

Interest Rate (pa/simple)

Ready to become a lender?

In order to participate in this loan you must complete our lender onboarding form below. Once you’ve been onboarded, feel free to contact us at [email protected] with an expression of interest for this loan and we’ll take care of the rest.