Funded

Total loan: $500
Powered by 14 lenders

A loan of $500 helped a member to buy fertilizers for his farmland.


Chanda's Group's story

Chanda is a 33-year-old farmer who lives in a rural village of the Battambang province’s Moung Russey district. He is married with three children, all of whom are dependents and still in school. He is a rice farmer who has been growing rice on 2 hectares of farmland for seven years to support his family. He is able to earn about 20,000 KHR (Cambodian riels) per day and manages to save about 10,000 KHR each day after daily expenses. The scarcity of working capital is the main challenge.

Chanda’s group composes two members who live in the same village, and he is a first-time borrower with VisionFund. He is leading his group to apply for a loan of 1,000,000 KHR each. As the leader, Chanda is going to use his portion to buy fertilizers for his farmland. Through this loan, he hopes his crop yield will become more profitable so as to make a better living and keep his children in school.

In this group: Chanda, Louy
*not pictured



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: September 25, 2012
Facilitated by Field Partner: VisionFund Cambodia

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: September 25, 2012
Facilitated by Field Partner: VisionFund Cambodia