Semny and her husband earn their living by growing and selling rice. For the past several years they have also raised pigs. Each day Semny earns about 13,000 KHR. Her main challenge farming her paddy is drought.
Semny’s group consists of three members, all of whom are first-time borrowers with Kiva’s partner VisionFund. As leader of her group, she is applying for a 3,000,000 KHR loan to be split three ways. She will use her portion to buy fertilizer and pesticides for her farmland and feed for her pigs.
With this loan Semny hopes to increase her crop’s yield. Greater productivity, and so increased profits will help her make life better for her family.
About VisionFund CambodiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid