100%

funded

Total loan: $500

Channy

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Kampong Cham, Kampong Cham, Cambodia / Agriculture

Channy's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to purchase cows for fattening so that after about one year, he will sell them for profit.


Channy's story

Channy is 66 years old, is married, and has nine children. Seven of his oldest children are married and live separately. He lives with his family in the Kampong Siem district of Kampong Cham province.

Channy is a farmer and owns a few hectares of farm land, on which he grows various kinds of crops, including rice and potatoes. Channy and his wife help each other earn household income, so that they are able to provide food, medicines, education, and basic living needs for their children.

His family has been impacted by the COVID-19 phenomenon, which has meant loss of income-earning opportunities, rising prices of rice, hunger, and other crises, and he has decided to feed cows for selling to earn income to support his family's expenses. He is shown in the photo with his lovely wife.

To make his agribusiness become viable and profitable, he would like to have a loan of KHR 2,000,000 to purchase cows for fattening. After about one year, he will sell them for profit.

Raising cows for trading is a long-term investment for Channy. He is very happy that Kiva lenders help him in the business. He is appreciative and promises to pay his loan back punctually as scheduled.

In the future, Channy wants to own a farm, on which he will operate a cow fattening and breeding business.