Growing rice is the main source of family’s income,and she has been in this business for 12 years to support the family. Besides farming, her husband also supplements the income by producing palm juice. Chanthou’s family's daily income is 15,000 KHR, but she can manage to save about 8,000 KHR each day after offsetting daily expenses.
Flood is the main challenge for her rice-paddy business.
She has been with VisionFund for three cycles and successfully repaid the past loans. Her group co-member is new with VisionFund this cycle.
Chanthou has wisely used the past three loans to relieve her family’s burden. Now she is leading her group of two to apply for a loan. She will use her portion to buy fertilizer and rice seeds for her farmland. She hopes to make more income from her current business so as she can keep up the good progress of her lifestyle and also keep her children in school.
About VisionFund CambodiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid