A loan of $750 helped a member to buy fertilizers for her farmland.


Lorm's Group's story

Lorm is 45 years old and living in a rural village of the Mongkol Borey district in Cambodia. She has five children, two of whom are dependent on her. She has farmed rice to support her family for 17 years, and she also works to supplement her income as a vegetable seller as well as sometimes working for others for a fee. She earns about 30,000 Cambodian riels (KHR) per day from the current business and manages to save about KHR10,000 each day after deducting daily expenses. This is Lorm’s fourth loan with VisionFund. The past loans have relieved her family’s financial burden. She is now leading her group of three members, who are all females, to apply for a loan with VisionFund of KHR 1,000,000 each. As the leader, she is going to use her portion to buy fertilizers for her farmland and more various kinds of vegetables for selling. For expanding her field business, Lorm wants to buy two more hectares of farmland in order to generate income for her family. She hopes this loan will help her business become more profitable and also hopes to earn a larger income to improve her family's living conditions.

In this group: Lorm, Thorn, Kimeng
*not pictured



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: August 9, 2012
Facilitated by Field Partner: VisionFund Cambodia

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: August 9, 2012
Facilitated by Field Partner: VisionFund Cambodia