After completing group training, she became
a member of group 4 in center 1 of Bogalay branch.
Aye Myint is a 52 year old widow with one son and one daughter. She lives
in Padmaya Kone village. She married U San 21 years ago. They had a rowing
boat and a net and their only source of income was from the fish they sold.
They were unable to send their children to school as books and school clothes
were too expensive.
U San died of malaria more than 6 years ago. Daw was compelled
to sell the boat for Ks 2000/- to bear funeral costs. Her struggle to feed
her children began then. She started to hire a boat for fishing for
Ks 50/- a day.
When she heard about the microcredit project of Grameen Trust which
provides loans to poor women without collateral, she became interested.
She received Ks 4000 as her first loan, which she used to buy an old
rowing boat made of rough timber for fishing. She sells the prawns that
she catches either fresh or dried.Her daily income is Ks 300 from which
she is easily able to pay her weekly instalment. She can now
save money and has been able to repair her hut. When she has paid off her
first loan, whe wants to take a second loan. With that loan and her
savings, she dreams of buying a brand new fishing net of good quality.
She believes that will significantly increase her income and raise the
quality of life of her family. All this was possible because of the microcredit
project which seeks no collateral from its borrowers.