A loan of $425 helped a member to buy fertilizer for her rice farm.

Rong's Group's story

A villager residing in a rural area of the Kror Kor district of Pursat province, Cambodia, Rong is 41 and married. She is also the mother of four children, one of whom (her daughter) is still her responsibility. Having been a teacher for 21 years, Rong earns around 22,000 KHR per day. To increase her family's income, Rong’s husband works as a rice farmer on 3.5 hectares of farmland. Due to insects, the crops were of low quality. This low quality forced Rong’s husband to sell the crop for lower prices than usual. As a result, the family's income declined, motivating Rong to request her first loan from VisionFund to buy pesticides for her husband’s business.

The first loan has improved the quality of the crops. Now, Rong is in need of more money to buy more fertilizer to improve crop yield, which will allow her husband to sell the crops at a higher price. Therefore, she decided to request another loan after the first loan ended. Because of her good performance during the first loan cycle, Rong was appointed to be a group leader. With her group member, she is applying for a loan in the amount of 1,700,000 KHR in total. After receiving her loan portion and using it wisely, Rong hopes that her husband’s rice-farming business, which forms a big part of the family’s income, will provide him with better quality crop yields. This will allow her husband to boost the family's income. They will use some portion of the anticipated income to buy spare parts for a tractor to further improve their farming capabilities.

In this group: Rong, Met

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