A rural villager from the Ponhea Krek district of Cambodia, Khorn is 46 years old and married with five children, one of whom is still in school. He and his wife are hard-working farmers who earn a living through farming rice and making palm juice. They have been in this business for ten years and can earn about US $6 per day and manage to save about US $3 each day after expenses.
Khorn has been with VisionFund for one cycle and has completely paid back the past loan which helped him to relieve his family’s burden and improve their livelihood. Now he is applying for a loan of US $500. He is going to use his portion to buy fertilizer for his farmland and use a portion of it to spend on buying bricks to renovate his house. He hopes this loan will enable him to grow his rice fruitfully and also help him to have a proper house to live in.
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.