Residing in Ratanak Mondul district of Battambang Province, Huon is a 46-year-old mother of seven children. As one child has been living independently, she needs to support the other six kids who are still in school. She grows corn on one-hectare of farmland as the main source of income and sells fish as additional income. She has been with these businesses for 10 years for the sake of her family.
With the current businesses, she can earn up to 25,000 KHR (about 6 US Dollars) and is able to save about 5,000 KHR only. As a corn farmer, her main challenge is drought. Huon has never been with VisionFund before. She is now requesting a loan of 2,500,000 KHR to buy not only fertilizer for her cornfield but also a motorbike as mobile transportation to sell the fish from one village to another village. She hopes to generate more income from both businesses so as to have sufficient food.
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.