A loan of $1,050 helped a member to buy seven sacks of fertilizer for her farmland.


Chhoeurm's Group's story

Chhoeurm is married and a mother of seven children, two of whom are still in school and dependent on her. She lives in a local area of Battambang province’s Moung Russey district and she is 61 years old. To make a living, she manages four hectares of farmland to do rice farming as a main source of her family’s income. She has been involved in this current business for 30 years and the main challenge of her business is lack of capital to buy fertilizer for her farmland. This is the seventh cycle loan for Chhoeurm and she has completely repaid back her previous loans. The past loans have improved her business gradually. Now she has formed a group of three members to take out a new loan and she is the group leader. She and her group members are applying for a loan amount of 1,400,000 KHR each. As the leader, she will use her loan portion to buy seven sacks of fertilizer for her farmland and pay for plowing and transplantation fees. She hopes to increase more cash-crop yield than before to improve her family's standard of living.

In this group: Chhoeurm, Nuon, Thary



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Loan details