A loan of $1,525 helped a member to buy potash and to pay for plowing fees.

Neng's Group's story

Aged 33 and residing in Dambae district of Kampong Cham province, Neng is a mother of a daughter who currently is studying at the local state school. The primary source of her income is crop husbandry, in particular rice and cassava growing. With 10 years of experience in this business, she is able to earn up to almost 24,000 KHR per day. Now, she is in need of working capital in order to timely support her cash-crops. Therefore, she formed a group of three to apply for a new loan with VisionFund (Kiva’s partner). This is Neng's sixth time borrowing from VisionFund. Her past loans have been repaid back with success and have improved her standard of living in a gradual manner. This cycle, she and her fellow group members are requesting 2,000,000 KHR each. As the group leader, she will use her loan portion to buy potash and to pay for plowing fees for both cash-crops. She hopes to grow her paddy and generate more income so that she can build a bigger house for her family.

In this group: Neng, Nen, Ry

Loan details

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Loan details