A 37-year-old mother of three children, Oun lives in a village of the Prey Chhor district of Cambodia. Two of her three children work at the family’s business to help earn income while the last one is too young for school. Rice farming is her main source of income to support the family and she has been farming once a year for almost fifteen years. She also raise pigs and produces rice wine as an additional source of income to better support the family.
Oun received a loan from Kiva’s field partner, VisionFund, one year ago and she completely repaid that loan. Since 2010, the loan has helped her increase her business and have some savings. She now manages to earn about US$3.50 per day. She is now requesting another loan from VisionFund. She will use this loan to buy a small plot of land for rice farming. Oun hopes this loan will help improve her business and allow her to make a better living.
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.