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Oun
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.

Additional Information

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.

About Cambodia

  • $2,600
    Average annual income
  • 169
    View loans »
    Cambodia Loans Fundraising
  • $35,791,825
    Funds lent in using Kiva
  • 4,055.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Oun to buy piglets, feed and construct a piggery.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014