Originally from a rural village of the Thmor Koul district of Battambang province, Chanry is a 31-year-old married father of three children who are dependent on him and still in school. Rice farming has been the main source of his family’s income for eight years and to better support the family and help to earn more income, his wife plants vegetables such as cabbages, salad etc. Together, they can earn about 60,000 KHR per day to meet the family’s needs and manage to save about 20,000 KHR each day for the future needs after offsetting daily expenses.
Chanry is the first cycled client with Kiva’s partner, VisionFund. He is now requesting a loan of KHR 1,500,000. He wants to use his portion to buy fertilizer and seeds for his cultivated land. With this loan, he hopes to grow his rice and vegetables fruitfully and healthily and also hopes to make more income to improve his standard of living and keep his 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.