A loan of $625 helped a member to buy 15 sacks of rice to stock for resale.


Savoet's Group's story

Savoet, 33, is married with two dependent children who are both still in school. Her family lives in a house with thatched roof located in Battambang province’s Sangke district, and the main source of her family’s income is working for others for a fee. She and her husband has been with this job for ten years, earning about KHR 26,000 per day; she is able to save about KHR 10,000 each day. Savoert received her first loan with Kiva’s partner, VisionFund, a cycle ago and has effectively used it to sustain her family’s business, and support her family’s needs. Now, she wants to start another small scale business, rice trading. Therefore, she leads a group of two to apply for a new loan.As the the group leader, she will use her loan portion to buy 15 sacks of rice to stock for resale when the price is high. She hopes this business will double her income so that she can upgrade her lifestyle better than before .

In this group: Savoet, Ser



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Loan details