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Proeurng
A rural villager from the Kandal province's Kandal Stoeng district, Proeurng, 56, is married with five children. To feed his big family, he has been growing rice with his wife for about twenty-nine years. He also runs a motor rickshaw (tuk tuk) to earn extra income. With his current business, he can earn about $16 per day and can save about $11 each day for his future needs.

Proeurng has been a member of VisionFund for two cycles already. He has successfully paid back his past loans, which helped him purchase a hand tractor and a decent motorbike. He is confident in his ability improve his family's quality of life with these loans from VisionFund. Now, he is taking out a loan of $800 to buy a water pump for his rice farming business. He will also use a portion of the loan to buy fertilizer for his farm and pay other necessary household expenses. With this loan, he hopes to increase his current business and to improve his quality of life.

Additional Information

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.

About Cambodia

  • $2,600
    Average annual income
  • 124
    View loans »
    Cambodia Loans Fundraising
  • $35,123,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Proeurng to buy a water pump and fertilizer for his rice farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 21, 2012
Listed
Nov 2, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014