A loan of $400 helped a member to buy insecticides for protecting her corn business.

Soktang's Group's story

Soktang is 25 years old. She is married and resides with her husband and one daughter in a rural village of the Battambang province’s Ratanak Mondul district. Corn growing is the primary source of her family’s income. She has been in this business for ten years. Her daily income is approximately 18,000 KHR. She manages to save about 8,000 KHR each day after off-setting daily expenses. Scarcity of water supply and working capital is the main challenge for her farming business.

Soktang has been with Kiva’s partner, VisionFund, for one cycle and fully paid back the past loan while the other member is a first-cycle client with VisionFund. She successfully and wisely utilized the previous loan to secure food needs for her family and also to support the family with enough household supplies for consumption. Now she is leading her group of two to request another loan. She is going to use her portion to buy insecticides for protecting her corn business and use a portion of it to spend on labor costs. She hopes to grow her corn fruitfully and increase her income to improve her family’s living condition.

In this group: Soktang, Rat

Loan details

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Loan details