Eng is a farmer living in a rural area of the Dambae district of Kampong Cham province, Cambodia. She is 38 years old and married. She has four children, all of whom are dependent on her and go to school. She has been growing cassava for fifteen years and supplementing the income by working in a rubber field for a fee while her husband is a teacher in the local village. From the current business, she can earn about 80,000 KHR per day.
This is Eng’s first microloan with Kiva’s partner, VisionFund. She is now applying for a loan with VisionFund of 2,000,000 KHR. With this loan, she is going to buy fertilizer and insecticides for her cassava planting and use a portion of it to pay for labor. She hopes this purchase will boost her crop production and reduce the loss due to pests, so she can make more income. By doing so, she can improve her lifestyle and keep her 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.