Nat, 50, is a widowed mother of four children. Three out of her four children are living with her; some of them are helping with the family's business and some are paid workers. The rest of her family is originally from Kror Kor district of Pursat province where rice farming is the common business to generate income for villagers as well as for Nat. She has been in rice farming with four hectares of farmland for 30 years.
For Nat, the main challenges are low yield caused by insects and the dwindling price of rice. Nat has just joined VisionFund for this cycle as a first-time borrower. She is taking this new loan in the amount of 4,000,000 KHR in order to buy 12 sacks of fertilizer and to pay for plowing. She hopes to receive a good yield and double her income, so she can set aside some money in order to build a new house for her family.
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.