A villager from a rural area located in the Kror Kor district of Pursat province, Saphorn is 29 years old and married. She has one son. The primary sources of her family’s income are sales of grocery items and rice farming and cassava planting. To better support the family, her husband sometimes works for others for wages. With 13 years of business experience, Saphorn can earn about 34,000 KHR per day, of which she manages to save about 12,000 KHR each day after paying her expenses. The main challenges for her family’s business are a drop in cassava’s price and unhealthy rice crops.
Saphorn has been a member of VisionFund for one cycle already, and she wisely and successfully used her first loan to improve her family’s livelihood and relieve their financial burden. She plans to use the requested loan of 1,500,000 KHR to buy fertilizers and pesticides for her farmland, and she will use a portion of it to pay for labor. She hopes to improve the health of her rice and cassava crops in order to increase her family’s income, to better her living conditions, and to keep her child 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.