100%

funded

Total loan: $2,025

Kung's Group

Kratie Province, Snoul District, Kratié Province, Cambodia / Agriculture

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A loan helped to purchase fertilizer, pesticides, and pay for a plowing fee.


Kung's Group's story

A local farmer from a rural area of Kratie Province, Kung is 54 years old and has five children. Her businesses are planting cassava and rubber, which she has been engaged in for 10 years to earn a living. After her family’s expenses, she can manage to save about 5.50 USD each day for future needs. Low crop yields resulting from insects is the main challenge for her farming. To sustain her business, she formed a group of four members to borrow a third loan from VisionFund. She successfully repaid all the past loans on time, and has spent the profits to sustain her family’s lifestyle. For this new cycle, Kung will utilize her loan portion to purchase fertilizer, pesticides, and pay for a plowing fee. She hopes to increase the productivity of her crops so she can earn additional income to improve her living conditions.