A citizen from a rural village located in Battambang province's Thmor Koul district of Cambodia, Boeurn is 54 years old and a married father of three children, two (one daughter and one son) are dependents and in school.
Boeurn earns a living by planting rice and its is his family's main source of income. He has been in this business for twenty years, earning about KHR12,600 per day. He manages to save about $3.50 each day.
Boeurn is a first-time borrower with Kiva’s partner, VisionFund. He is requesting a loan of $1,000 to buy a motorbike for his family and also use a portion of it to buy fertilizer for his farmland and vegetables to start up a new business.
He hopes this loan will enable him to increase his family’s income and improve their lifestyle.
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.