Chayon, 51, lives in a rural village of the Kampong Cham province’s Ponhea Krek district. She is a married mother of six children, three of whom are dependent on her and are still in school. Her family’s income is from growing cassava, mung beans and soybeans on nine-hectare of farmland. She and her husband have been in this business for seven years.
Chayon has been a member of VisionFund for one cycle already and she completely repaid the loan. She has successfully used the loan to better support her living. Now applying for another loan of KHR4,000,000, she is going to buy more plots of land for her planting business. With this loan, Chayon hopes to extend her farmland to increase her business so as to earn more income 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.