Saron lives in a rural area of the Ponhea Krek district of Kampong Cham province, Cambodia. She is a 35-year-old married mother of four dependent children, three daughters and one son, all of whom are still in school. To make a living, she and her husband have been in rice farming on two hectares of farmland, supplementing the income by making palm juice. They have been in this business for ten years and can earn about 87,000KHR per day to support the family.
Saron is the fourth cycled client with Kiva’s partner, VisionFund. The past loans have helped her improve livelihood and support her children’s education. Now she is applying for a loan with VisionFund of KHR4,000,000. With this loan, she is going to buy fertilizers for her farmland and use a portion of it to buy bamboos for making a ladder to climb palm trees. Saron hopes this loan will enable her to increase more income from the current business so as to improve her standard of 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.