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Chet
Chet, 25, and single, is a farmer from a rural area of Ponhea Krek District of Kampong Cham Province. He plants rice and cultivates rubber to make a living and also supplements his income by germinating rubber tree seeds for selling. Chet has been been involved in these businesses for two years and he could earn approximately 40,000 KHR per day.

Chet is now in the second loan with VisionFund. He wisely used the first loan and, as a result, he was able to feed his family well. After the fist loan ended, Chet decided to apply for another and use it to spend on germinating rubber tree seeds. He hopes the second loan will enable him to germinate more seeds so that he can sell them for more money.

Additional Information

About VisionFund Cambodia

VisionFund Cambodia is a Christian organization and microfinance institution that provides small loans and other financial services to improve the lives of children, empower poor women and their families, and grow successful businesses. The organization works primarily in rural parts of Cambodia and has distinguished itself by targeting the very poor who require smaller loan sizes, regardless of religious beliefs, gender or ethnic background.

Kiva lenders’ funds will help the organization to expand into the northeastern provinces of the country, which have historically been underserved and difficult to reach with financial services.

About Cambodia

  • $2,600
    Average annual income
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Chet to buy fertilizer and plastic mulch for seeding rubber trees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 15, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013