Khom, a mother of one school-aged child, residing in Moung Russey district of Battambang province, is a local farmer who grows rice on two hectares of land and does sesame planting on one hectare of farmland as her primary source of income. To supplement the family income, her husband also works for others for a fee after helping on the farm. With seven years of experience in this business, Khom is able to earn up to 37,800 KHR per day.
Khom has completed two loan cycles now and already fully repaid the loans. The past loans have upgraded her lifestyle gradually and supported her business step by step with a decent income. Now, she is a third-time borrower with Kiva Field Partner, VisionFund. She is seeking a new loan in order to buy one additional hectare of farmland to enlarge her cash-crop growing business. She hopes to double her income from her current business so that she can gradually better her standard of living.
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.