A loan of $550 helped a member to lease one hectare of farmland to grow more cassava.

Kimoun's Group's story

Kimoun is a 55-year-old mother of 4 children, residing in Kampong Cham province. Here, cassava and rice farming are common businesses to earn a living. No different from her neighbors, she also grows the cash crops of rice and cassava. Her income mainly supports two of her children, who are currently studying in a local state school. She has been involved in the current business for 29 years, earning about 25,000 KHR per day.

This is not the first microloan for Kimoun with VisionFund, Kiva’s partner. After the past loan, which she has fully repaid, she is able to improve her living status in a gradual manner. She is also able to have a decent income to purchase household materials. Now she is applying for a new loan with another co-borrower in the same group of two. The loan request is for 1,200,000 KHR each. As the group leader, she is going to use her portion to lease one hectare of farmland. This will allow her to grow more cassava for extra income. She hopes that she can make more income and improve her lifestyle.

In this group: Kimoun, Ny

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Loan details