A rural villager living in Kandal province’s Sa Ang district, Chlougn is 42 years old and married, with five children. He is a rice farmer who has been farming rice on two hectares of farmland for 10 years to make a living. His wife is a garment worker and helps to support the family. Together, they can earn about US $18 per day from their current work and they manage to save US $5 daily for their future needs.
This is the first loan for Chlougn with Kiva’s partner, VisionFund. He is applying for a loan of US $1,100 to buy a cow for his farming business. He hopes to increase his farming production to generate more income and improve his family’s 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.