Residing in a rural village of Moung Russey district in Cambodia’s Battambang province, Keoun is 53 years of age and married. She has 11 children, six of whom are dependent on her. Three of Keoun’s children are currently in school.
To continually provide income to the family, Keoun and her husband have been working as rice farmers for 20 years, earning around 50,000 KHR (Cambodian riels) per day. This will be Keoun’s fourth time requesting a loan via VisionFund (Kiva’s partner). The past loans have enabled Keoun to secure her rice-growing business.
Keoun is now in need of money to strengthen her business by purchasing fertilizer and paying wages to farm laborers to harvest rice. Keoun hopes to harvest a good-quality crop so that she can sell the rice at a good price, generating more income for the family. She will also utilize her anticipated income to improve her family’s lifestyle and further advance her children’s education.
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.