Residing in a rural area located in the the Kror Kor district of Pursat province, Sary is 55 years old. He is married and has five children, a few of whom are dependent on him and still in school while the others have their own employment.
To support the family, Sary is a teacher in a local area while his wife plants bitter gourds and beans for sale to gain more income. Having been in this business for several years, they can earn about US $5 per day and manage to save about US $3 each day for the future.
Sary has been a member of Kiva’s partner, VisionFund, for one cycle. He completely paid back the first loan, which has helped him relieve his family’s burden and save some money for supporting his children’s education.
Now he is applying for a loan with VisionFund of US $1,200. With this loan, he is going to buy fertilizer for his farmland and use a portion of it to support his children’s education. He hopes to earn more income from the current business so as to make a better living and keep his children in school until they finish their education.
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.