A loan of $1,500 helped to buy rubber seedlings for his rubber plantation.

Kao's story

A married father of six children, Kao is aged 62, and living in a rural village of the Dambae district, Cambodia. Out of his six children, he still has four (two daughters and two sons) children who are dependent to take care of. To support his family, he has been involved in cassava planting on two hectares, cashew on one hectare and rubber planting on four hectares of farmland. He has been in this business for ten years. The current business earns him approximately USD 11.00 per day and he is able to save about USD 4.00 each day.

Kao is in his fourth cycle with Kiva’s partner, VisionFund. He completely paid back the past loans, which have helped him relieve family’s burden and improve their livelihood. Now he is applying for a loan of USD 1,500 with VisionFund. He will use this loan to buy rubber seedlings for his rubber plantation and use a portion of it to spend for labor and land plowing. With this loan, he hopes to make more income so as to build on some savings to fulfill his future dream of have a bigger house for living in.

Loan details

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Loan details