100%

funded

Total loan: $1,050

Chanvoeun's Group

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Battambang province, Kam Rieng district , Battambang Province, Cambodia / Agriculture

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A loan helped to buy organic fertilizer to enhance her crop so that she can increase her income to save for future needs.


Chanvoeun's Group's story

Chanvoeun, 55, is divorced woman and lives in Battambang province. As a mother of five children, two of whom are depending on her. She supports the family through growing rice as the main source of income and has been involved in this business for ten years. Besides this, she spends her leisure time to works for others for a fee in order to earn additional income.

Lack of working capital is the major obstacle for her cassava farming business for this season. Therefore, she forms a group of three members to apply for a loan and this is her first cycle with VisionFund. Chanvoeun, who is the group leader, will use her loan to buy organic fertilizer to enhance the farmland and take the rest of money to pay for the plowing fees. Her hope is to generate more income so that she can afford to buy more organic fertilizer to better support the farmland for next season.