Seam, 52, lives with her husband and seven children in a rural village of the Moung Russey district, Cambodia. Three of their children are dependents and still in school. To feed the family, Seam and her husband earn a living as farmers and have been farming rice and chilies for 18 years, earning about 20,000 Riels (KHR) per day to spend for their family's needs.
Seam has had and repaid three loans through VisionFund, which have helped her to relieve her family's financial burden. Now she is leading her group to request a loan. Seam wants to use her portion to buy fertilizer and pesticides for her farmland and use a portion of it to spend on labor costs. She hopes this loan will her to get a high yield from her plantation so as to make a better living and keep her children in school.
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.