Rorn is 36 years old and the father of two children, both of whom are dependent on him and still in school. He is a villager from the Kampong Cham province’s Tbaung Khmum district of Cambodia
The main source of the family’s income is rice cropping; he also supplements his income through cassava and groundnut growing. Rorn and his wife have been in these businesses for 12 years, earning about 40,000 KHR per day and clearing about 15,000 KHR each day after daily expenses.
This is the first-time loan for Rorn with Kiva’s partner, VisionFund. He is applying for a loan of KHR 4,000,000.
With this loan, he is going to buy fertilizers and rice seed for his farmland. He hopes to increase more income from a better crop yield, so as to better his family’s 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.