A loan of $700 helped a member to buy rice seeds, fertilizers, and insecticides.

Phan's Group's story

Phan is a 45-year-old rice farmer who lives with her husband and five children in a rural area of the Thmor Koul district of Battambang province. Out of her five children, she still has four children to take care of and they help their family business. Besides rice farming on a 2-hectare area of farmland, Phan’s husband also earns income by working for others in the local area for a fee. Having been in this occupation for 20 years, Phan and her husband are able to earn almost 30,000 KHR per day. They save about 10,000 KHR each day after deducting daily expenses. Low crop yield is the main challenge for her rice paddy.

Phan has been with VisionFund for four cycles and has fully paid back the past loans. She has wisely used the previous loans to better support her family living’s condition. Now she is leading her group of two to ask for a loan with VisionFund of 1,400,000 KHR each. As the leader, Phan is going to utilize her portion to buy rice seeds, fertilizers, and insecticides for her farmland. With this loan, she hopes to grow her rice fruitfully and timely to earn more income to improve her lifestyle.

In this group: Phan, Chout

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Loan details