A loan of $625 helped a member to buy fertilizer for her farmland.

Phoerng's Group's story

Phoerng, 54, is married and lives with her family in a village in the Moung Russey district. She has five children, two of whom are dependent on her and still in school. To make a living, she has been farming rice for several years. Her current business earns her family about 22,000 riels (KHR) per day.

There are two members in Phoerng’s group. Phoerng is taking out her forth microloan with VisionFund, while the other member has just been with VisionFund for one cycle. Phoerng is leading her group to ask for a loan. She wants to use her portion to buy fertilizer for her farmland and also use a portion of it to spend on labor costs and water pumping. She hopes to increase her family’s income from her current business so as to make a better living and keep her children in school.

In this group: Phoerng, Horn

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Loan details