Sreyoun, 32, lives in a rural area of the Kang Meas district of Kampong Cham province. She is married and has two dependent children, who are in school. To support the family, she works as a paid laborer at a garment factory in the local area, and also farms rice, while her husband earns additional income by planting corn, cucumbers and chilies, and sometimes he also catches fish. Sreyoun and her husband have been in these businesses for almost 10 years. Low crop yield resulting from drought is the main challenge for her family’s farming business.
Sreyoun has been with VisionFund for one loan cycle and completely paid back the loan. It helped her relieve the family's burdens and also supported her current business. Her family’s income is about $7 USD per day, and Sreyoun can save about $3 USD each day, after daily living expenses. To better finance her business, Sreyoun is requesting a loan with Kiva’s partner, VisionFund, of $800 USD. She will use this loan to buy a plot of farmland for operating her farming business. With this loan, Sreyoun hopes to earn more profits so as to make a better living, 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.