Living in a wooden house with her family members in a rural village of the Prey Chhor district, Chreb is 38 years old and married with seven children, one of whom is dependent on her and still in school. She and her husband earn a living through growing rice and cassava. Having been in this business for twenty years, she manages to earn about 50,000KHR per day and can save about 15,000KHR each day for the future needs.
Chreb has been with VisionFund for one cycle and fully repaid the loan which helped her relieve her family’s burden and improve their livelihood and also support her child’s education. Now she is seeking another loan of US$1,150. With this loan, she is going to buy fertilizer, pesticides and seeds for her cassava and rice growing and use a portion of it to spend on labor costs. She hopes to get a high crop yield from her cultivated land so as to sell them for a good price to make a living better and 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.