A loan of $625 helped a member to buy rice seed, and to pay for plowing fees plus transplanting fees.


Malat's Group's story

Malart is 25 years old and married. She and her husband are blessed with three children who all attend school. Rice cultivation is her main source of income while her husband earns additional income by repairing motorbikes. Malart has been cultivating rice for 10 years and earns her about 20,000 KHR per day. Malat is not a first time borrower with VisionFund, Kiva’s partner. She has repaid back her past loan with success. The loan enabled her to upgrade her living standards and to better support her business. Now she is in a group consisting of two female members. She is seeking a loan for 1,400,000 KHR and her group member is applying for 1,000,000 KHR. As the group leader, she will use her loan portion to buy rice seed, and to pay for plowing fees plus transplanting fees. She hopes that her business will grow at a steady pace and her crops will have a high yield allowing her to earn a larger income.

In this group: Malat, Soknai
*not pictured



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Loan details