A loan of $875 helped a member to pay for harvesting costs and to buy fertilizer, insecticide, and sesame seed for his farm.

Chreong's Group's story

Chreong, 32 years old and married, is the father of a small child, living in the Moung Russey district of Battambang province. To provide decent food for his child, he and his wife work on two hectares of rice farm and another two hectares of sesame fields. The current business, which he has been with for seven years, earns him about 25,000 KHR per day. Chreong’s prior loan was his original loan from VisionFund, Kiva’s partner. It has helped him to promote good living conditions for his family. Now, he and one of his co-borrowers are seeking 1,200,000 KHR each, while the remaining one is applying for 1,000,000 KHR. As the leader, he is going to use his portion to pay for harvesting costs for his rice production and to buy fertilizer, insecticide, and sesame seed. He hopes to bring in his harvest on time and sell at a high price, so he can treble his income and maintain his living standards.

In this group: Chreong, Phon, Khoeurn

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Loan details