Sopheap, 45, lives with her family members in a rural village of the Sampov Meas district of Pursat province. She has seven children, two of whom are dependent and still in school. For the last 20 years, she and her husband have been growing oranges on 1.5-hectare of farmland as a primary source of family income to make a living; they supplement the income by raising pigs. The current business earns her family about 13,000 KHR (Cambodian riels) per day, and they can save about 3,000 KHR each day for the future needs. A lack of a water supply is the main challenge for her plantation business.
Sopheap is in her first loan cycle with VisionFund. She is applying for a loan of 3,500,000 KHR. With this loan, she is going to buy fertilizer and pesticides for her plantation business and will use a portion of it to spend on buying piglets for raising. She hopes to make more fruitful oranges so as to improve her standard of living.
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.