Sarat, a father of four little sons and originally from the Sampov Meas district of Pursat Province, is 31 years old. Together with his wife, the family’s sources of income are from rice farming, grocery selling, and paid work at a construction site. These multiple businesses earn him about 19,000 KHR per day.
Sarat has just joined VisionFund for this loan cycle. He is seeking a loan of 1,000,000 KHR in order to buy more items to replenish his grocery selling business. He hopes that this purchase will refill his selling business on time and return him a double income so that he can expand this business on a bigger scale.
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.