- Loan Successfully Funded On 31 Jul 2024
BREAD – Part Two (Building Resilience and Empowerment for Agricultural Development)
Tun Yat
- Singapore

Tun Yat
Loan successfully funded
This loan supports a debt facility for small-holder farmers in Myanmar, funding a credit purchase program for land prep, tilling, harvesting, fertilizers, and seeds for rice planting. Funds enable Tun Yat to pay suppliers upfront, easing farmers’ liquidity issues, with repayment after harvest. 30% of beneficiaries are women, promoting rural women’s economic empowerment. Post-repayment, funds are reused as a revolving fund, aiding replanting and generating local capital for sustainable farming.
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This is the second LendforGood loan Tun Yat has raised. Their first loan for USD$46,700 was completed in March 2024 and was repaid in full and on time. This second loan will help continue the work to purchase seed, fertiliser and agri-machinery suppliers connected to the program for farmers in Myanmar.
The loan is required to cover a short term cash-flow gap as Tun Yat waits for their next tranche of grants from UN project partners.
Tun Yat continues to service an existing cohort of 17,4000 farmers at the same time as onboarding the next 50,000 farmers into its program across Myanmar.
By July 2024, Tun Yat will expand and on-board the next cohort of 22,689 farmers across an expanded network of villages. This work will include the election of new village development committees, continued aggregation of supplies/ ordering of inputs, cash-collection and repayment, and submitting proposals to financial providers for input financing for their planting needs.
One major milestone since Tun Yat’s first LendforGood impact loan is that now Tun Yat has secured a new financial lender (KEB Hana Microfinance) who is willing to provide additional finance directly to village committees which can increase the credit allocation for each village. This means more of the funds can be used towards inputs purchase and increased land productivity.
The activities funded by this loan are helping to achieve the above Sustainable Development Goals as defined by the UN.
Tun Yat supports small holder farmers in Myanmar through the rental of high grade affordable farm machinery through a farmer friendly online service, and the provision of farming inputs such as seeds and fertilisers through a credit voucher program. Utilising technology such as tractors to plough and level rice fields – in contrast to traditional buffalo that requires strenuous physical effort and time, and results in uneven land – ensure that water distribution across rice fields is even, which in turn increases the absorption of fertilisers (and reduction of usage) and the uptake of rice seeds and other crops. Tun Yat’s support increases income for small and medium-size farmers, and reduces outputs like time savings in harvesting, yield wastage reductions and how farmers use less resources through a mechanisation service. Tun Yat tracks their impact with digital record transactions for traceability to see which farmers / village development committees have received input vouchers, and the use of endline / baseline assessments for monitoring and evaluation, as part of a larger UN project that this program falls under.
This loan is not currently accepting subscriptions, but we invite you to check out some of the other live loans on the platform. In order to participate in loans you must be a registered lender on the LendForGood platform. If this is your first time lending with us we’ll guide you through the process to first get registered. Thank you for lending your passion!