A villager residing in a rural area of Pursat province’s Kror Kor district in Cambodia, San is a 44-year-old married woman with four children, some of whom are dependent on her and currently in school while the other some are have their own employment. To offer decent life for her family, San works as a rice farmer on a four-hectare plot of farmland. San’s husband raises four heads of pig in order to add more income to the family. San is a first-time borrower with Kiva’s partner, VisionFund. She is applying for a USD 1,250 loan. This industrious woman will use some portion of her requested loan to buy fertilizer and to pay for the wages of farm laborers. The other portion of the loan will be spent on buying more plots of farmland so that she can expand her business as well as increase the income. San believes that via the help of this loan her business will provide with a good-quality crop so that she can sell in a good price generating even more income to the family. Thus, she will be able to use the anticipated income to keep her school-aged 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.