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A loan of $500 helped a member to buy fertilizer and to pay for labor fees.

Kret's Group's story

Kret, who resides in a rural area of Kampong Cham province’s Tbaung Khmum district of Cambodia, is 64 years of age and married with five children. To generate income for the family, Kret and his wife farm rice and plant cassava, the business in which they have been involved for more than 40 years. This enables them to earn around 20,000 KHR (Cambodian riels) per day and save only approximately 3,000 KHR after deducting the daily cost of living.

Kret, a first-time borrower with VisionFund (Kiva’s partner), is leading a group member who also is a first-time borrower with VisionFund to apply for a loan in the amount of 1,000,000 KHR each. Kret will utilize his loan portion to buy fertilizer and to pay for labor fees. Via the help of this loan portion, he believes that his business will provide good quality crop yields so that he can sell them at good prices, earning more income for the family.

In this group: Kret, Srey

Loan details

Lenders and lending teams

Loan details