Daw Yin from Min Kone village, Nyaung Oak Phee village roup joined as a member in SVS micro finance group on 11st February, 2015 and become a leader in saving and loan group point (3). Daw Yin took the first loan ( 80,000) MMks to purchase a pig weighs (45,000 tonnes) and purchased animal foods with the remaining money. It is not difficult for her to provide regular repayment for (14) days cycle because she divided wages from cropping for repayment. After (7) months of purchase for the pig, 7 piglets were born and she received the profit (350000) MMks by sales of piglets. In addition, she earned (150,000) MMks by sales of the female pig. She purchased 5 pigs each worth for (1000000) kyats to breed.
After the first loan was repaid, she withdraw the second loan ( 100,000) MMKS from SVS project to purchase one pig worth (100,000) to breed (6 ) piglets. She could repay the first loan of 14 days cycle by her cropping wages without difficulty. After (8) months of systematic breeding, she earned 15 lakhs by the sales of 6 pigs.
She could withdraw the third year loan (150000) MMks after second loan was repaid and total (1650000)
MMks received as specific capital and she could open small shops with that capital.
She express her success story of stable family business and higher living standards is by the systematic
proposed business by the support of SVS micro finance project
Name of Village group - Nyaung Oak Phee village group
Name of village - Min Kone village
Name of member - Daw Yin
Name of group - Thitsar
Group point - (3)
Start date of project - (11st February, 2015)
Current loan type - Normal loan ( Third year)