Rom is a 62-year-old mother of four children, and a resident of a rural village of the Ek Phnom district. The main source of her family’s income is oranges harvested from trees planted on three hectares of farmland. The family supplements their income by selling corn and bananas in the local area. She has been in this business for thirty years. Lacking capital to buy fertilizers for applying to her farmland is the main challenge for Rom's farming business.
This is the fourth loan for Rom with Kiva’s partner, VisionFund. She successfully paid back the previous loans, which helped her to better support her family with enough food. Now she is asking for a loan of US$1,000 to buy fertilizer and pesticides for her orange grove business. Rom hopes this loan will enable her to grow her orange crop healthfully and fruitfully, so as to sell it for a good price and improve her living conditions.
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.