Soer, 36, is a married mother living in a rural village in the Dambae district of Kampong Cham Province. She has two children, both of whom are dependent on her and still in school. She is a hard-working farmer who grows rice and beans on three hectares of farmland. She has been in this business for 10 years. With hard work, Soer can earn about KHR 36,000 per day and save about KHR 20,000 each day for her future needs. The low price of her crop yield is still the main challenge.
This is Soer's first microloan with VisionFund. She is requesting a loan of KHR 2,500,000. With this loan, she will buy a bean-harvesting machine to help her thresh her beans. Soer hopes to grow more beans and rice and increase her family’s income and improve their 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.