Hun is a 61-year-old widowed mother. She is a villager from a rural area of the Thmor Koul district of Battambang province, Cambodia, To make a living, Hun has been in rice farming on one-hectare of farmland for five years as her primary source of income. The current business earns her about 20,000 KHR and she manages to save around 10,000 KHR each day for her future needs.
Hun is in a first-cycle loan with Kiva’s partner VisionFund. She is applying for US$ 600. With this loan, she is going to buy fertilizer and rice seeds for her farmland and use a portion of it to buy a tractor for helping her in the rice field. She hopes to receive a high production and earn more income from the paddy field so as to sustain her living condition.
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.