A loan of $1,750 helped a member to buy fertilizer, insecticide, and seedlings for his crop.


Vet's Group's story

Living in a rural village located in the Kandal province, Vet is 41 years old and a married father of three children. One of his children still relies on him. To cover his family’s expenses, he grows edible arum (type of plant) as his main source of income. He also earns additional income as a construction worker. The business that he has had for eight years has enabled him to earn almost 38,000 KHR per day. He is a former borrower with VisionFund (Kiva’s partner) for three past loans, which he has fully repaid. The loans have helped him to improve his family’s situation. Now, he is seeking a new loan, and he is the leader of a group consisting of seven members. He and the other group members are requesting a loan of 1,000,000 KHR each. Vet will spend his entire loan portion to buy fertilizer, insecticide, and seedlings for his crop. He hopes that his business will earn more income so that he can renovate his house.

In this group: Vet, Chanthol, Nary, Savem, Sreypov, Sokhorn, Vanny
*not pictured



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Loan details