Oun, 41, lives in a wooden house in a rural village of the Dambae district of Kampong Cham province, Cambodia. He is married with two children, all of whom are dependent on him and still in school.
To make a living, Oun has been in planting cassava on 1.5-hecare area of farmland. Though his involvement with this business for six years, he earns about 24000 KHR per day and saves approximately 10000 KHR each day for future needs.
Oun plans to generate extra income for his family by raising pigs. He will use a VisionFund loan to buy piglets, feed and use a portion of it to construct a piggery. This is Oun's first microloan with VisionFund, and he is asking for a loan of 3000000 KHR.
Oun hopes this loan will enable him to start up another business to gain additional income and also hopes that the pig business will become more profitable so as to improve his lifestyle and keep his children in school.
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.