A loan of $625 helped a member to buy an additional plot of farmland, to buy potash, and to pay the fee for plowing the land.

Sokheang's Group's story

A 38-year-old father of three children (two in school and one too little for school), Sokheang is a villager from Ponhea Krek district, Kampong Cham province. To feed the entire family and, especially, to cover his children’s educational costs, he cultivates rice and cassava. He is able to earn up to 20,000 KHR per day from this business. He has been doing this work for 16 years.

Sokheang has been with VisionFund (Kiva’s partner) for four previous loan cycles. Having repaid his previous loan successfully, he feels empowered that he can maintain a good pace of improvement in his living conditions.

Now he is in a group of three, to apply for a new loan. The total loan amount requested by his group is 2,400,000 KHR. Sokheang, whose loan portion is 1,400,000 KHR, plans to use the borrowed funds to buy an additional plot of farmland on which to grow more cassava, to buy potash, and to pay the fee for plowing his land. He hopes to make more income and upgrade his living status to a better condition.

In this group: Sokheang, Mao, Sut

Loan details

Lenders and lending teams

Loan details