A loan of $925 helped a member buy grocery items to resell.

Pheap's Group's story

Pheap, aged 56, resides in a rural area in the Sampov Meas district of Pursat province, Cambodia. She has five children. To make a living, she has been engaged in cassava planting and selling grocery items in the local area. Her husband supplements their income by working as a motorbike repairer in the local area and sometimes he also works a motor-taxi driver. The current businesses earns them approximately 30,000 KHR per day and they manage to save about 20,000 KHR each day after offsetting daily expenses. Low yield is still their main challenge.

Pheap’s group consists of four members who have been with Kiva’s partner, VisionFund, for three cycles. Pheap had completely paid back the past loans which have helped her better support her current business. She is now leading her group to apply for a new loan. She is going to utilize this loan to buy more grocery items for selling and use a portion of it to buy materials for her husband’s business. She hopes this loans will enable her family to increase to a large income so as to make their living better.

In this group: Pheap, Sopheap, Heng, Chanry

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Loan details