51 years old, Sroeun is a villager in a village of the Ponhea Krek district. She and her husband Saroem are farmers who plant cassava as a primary business to earn a living. She has been with this business for 25 years. Sometimes, her husband works for others to gain additional income. Sroeun has five children, three of whom are dependents and they are still in school.
Sroeun started taking a loan with VisionFund two years ago. The loans have helped her have regular income. Now she earns US$10 per day and is able to save more than five U.S. dollars daily. Due to lack of money, she is applying for another loan with VisionFund. She will use this loan to buy fertilizer for her cassava farmland and use a proportion of the loan to plant soy bean. She hopes to increase her crop yields and sell them for a good price in order to set aside some money to buy one hectare of farmland.
About VisionFund Cambodia
VisionFund Cambodia is a Christian organization and microfinance institution that provides small loans and other financial services to improve the lives of children, empower poor women and their families, and grow successful businesses. The organization works primarily in rural parts of Cambodia and has distinguished itself by targeting the very poor who require smaller loan sizes, regardless of religious beliefs, gender or ethnic background.
Kiva lenders’ funds will help the organization to expand into the northeastern provinces of the country, which have historically been underserved and difficult to reach with financial services.