Originally from a rural area of the Sangke District in Battambang Province, Cambodia, Serm is 48 years old and widowed. She has six children, two of whom are dependent on her and still in school. She has struggled to feed her children by growing rice, coconuts, and mangoes in her local area. She has been engaged in this business for twenty years.
Serm is a first time borrower with Kiva’s partner, VisionFund. She is applying for a loan of US $800. She is going to use this loan to buy fertilizers for her farmland and use a portion of it to spend on labor costs. She hopes her crop yield will be profitable and productive 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.