A loan of $875 helps a member to grow more lotuses.
Vy Group’s story
This is a group of two members represented by Vy, who is appears on the right of the photo. She is 51 years old, married, and lives with her husband and three children in a village in the Kampong Cham province of Cambodia. Since 1991, she and her husband have been working together on the lotus farm to earn income to support the family’s living. Both of them typically makes around 6 US dollars per day.
She would like to use her loan share to grow more lotuses. She says this investment will allow her to increase her crop yields as well as her family’s profits. With the profits from this season’s harvesting, she is going to enlarge her farm and renovate her house.
In this group: Vy, Nairong
This loan is special because:
More about this loan
About KREDIT Microfinance Institution:
KREDIT Microfinance Institution Plc., is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.