29 Enterprise Management had to buy another and a SIM card for it worth MMK 200,000 ($200). The first fixed phone cost MMK 200,000 ($200) and the second fixed phone cost MMK 220,000 ($220). He also had a mobile phone that cost MMK 32,000 ($32). He did not have to pay his sister for any of this. Tun (Makes umbrellas for decoration, Mandalay) a 35 year old ME borrowed MMK 15,000 ($15) from his sister to start his business and did not have to return it back. Some of the MEs borrowed money from money lenders, pawn shops, friends and neighbours at different interest rates in order to start their businesses. Maung (Watch repairman, Yangon) took a loan of MMK 50,000 ($50) from a money lender when he started his business and paid it on time. Zaw (Tea shop owner, Mandalay) mortgaged his land in the village to start his business in the city. Crystals (Fan seller, Yangon) had to make a daily investment of MMK 10,000 ($10), to purchase fans, for which she borrowed money from four people including money lenders, pawn brokers, gold shops and neighbours during last year. She was yet to repay these loans. Khine (Tanatkha seller, Nay Pyi Taw) borrowed money from his neighbour to start his business at 10% interest rate. Diya (Bicycle repairer, Yangon) borrowed MMK 5000 ($5) from his neighbour at 20% interest rate. Ishaan got two fixed phones and a mobile phone from his sister San (Rice snack seller, Bago) pawned her lungyis to buy the utensils and supplies for rice snacks. Mima (Ferry woman, Bago) pawned her gold earrings at a Chinese pawn shop as she required funds to fill a tender for a boat. She pawned them for upto two-thirds of the market value, and the monthly interest was set at 4% flat. The deal period was three months long and she failed to return the money and eventually lost her gold earrings. Some of the MEs used their savings from other jobs or businesses in order to start their business. Nyan (Broomsticks seller, Yangon) used to sell broomsticks on consignment basis during which he saved up about MMK 70,000 ($70) and used this money to buy raw materials to make broomsticks on his own. Gouba (Trishaw driver, Mandalay) bought a trishaw from his group savings money (ref. to chapter 4 section 4.2) which came for MMK 100,000 ($100). Myo (Toy seller, Nay Pyi Taw) used his savings from his former money lending and pawn broker business to buy toys and bought the bicycle he currently uses to sell toys in a pawn broke Crystals waiting for the train while hiding from the money lenders