Aged 58 years, Norng is a single woman living in a rural area located in the Moung Russey district of Battambang province. To make a living, she has been working as a rice farmer for 30 years. Norng is able to earn about 30,000 KHR per day but she can save about 20,000 KHR each day after daily expenses.
This is the sixth loan for Norng with VisionFund. She has used the past loans wisely and successfully to improve her livelihood. Now she is requesting another loan of 3,000,000 KHR with VisionFund and she is going to buy fertilizer and rice seeds for her farmland. She hopes this loan will enable her to grow her rice successfuly so as to improve 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.