To deal with daily costs of living, she and her husband manage two hectares of rice farming and another two hectares of sesame. Sometimes, for extra income, her husband also uses his spare time to work for others for a fee.
The business that she has engaged in for five years has helped her to earn up to 22,500 KHR per day. Ran has been with VisionFund for three loan cycle already. She has used her loans wisely to upgrade her living conditions as well as to maintain her business.
Now, in a group of three, she is a leader. The entire loan amount of her group is 3,800,000 KHR. Ran, whose loan portion is 1,400,000 KHR, is going to spend her loan on paying those she has hired to harvest her crop and purchasing fertilizer and insecticide for her sesame field.
She hopes to gather her production in a timely way so that she can make more profit and sustain her living.
About VisionFund CambodiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid