A loan of $1,050 helped a member to buy fertilizer for farmland.

Chanthy's Group's story

Chanthy is 45 years old and married. She has four children, two daughters and two sons, all of whom are dependent on her and still in school. The main source of the family's income is rice farming on one hectare of farmland. Having been in this business for eighteen years, she is able to earn around 30,000 Riel (KHR) per day and save about 10,000 KHR each day after offsetting daily expenses. Low crop yields resulting from drought is the main challenge for her rice field.

Chanthy's group, for whom she is the leader, consists of three members who are all women living in the same village of Sampov Meas district of Pusat province, Cambodia. She has been with VisionFund for three loan cycles. She has intelligently used the past loans to progressively improve her current business.

Now she and her group members are applying for a loan with VisionFund of 1,400,000 KHR each. Chanthy is going to use her portion of the loan to buy fertilizer for her farmland and pay labor fees as she will hire people to help in transplanting rice seedlings. She hopes her rice paddy becomes more profitable so as to keep her children in school and fulfill her dream of running a sculpture business to earn extra income for supporting the family.

In this group: Chanthy, Samphos, Sopheap

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