Oun lives in a rural village of the Dambae distrct of Kampong Cham province, Cambodia. She is a 31-year-old mother of one son who is still dependent on her and still in school. To support the family, she has been in farming rice and growing cassava on two-hectares of farmland. Involved in this business for 11 years, she is able to earn about 60,000KHR per day to meet the family’s needs. The low sales price of cassava is still the main challenge to her business.
Oun received the first loan with VisionFund a cycle ago. She successfully repaid the past loan which has helped her to relieve family’s burden and improve livelihood. Now she is requesting a loan of 2,000,000 KHR. She will use this loan to buy fertilizer and pesticides for her farmland and use a portion of it to spend on labor. She hopes her crop yield will become more productive so as to make a living better 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.