A citizen from a rural village located in the Kampong Cham province’s Ponhea Krek district, Sou is aged 59 years old and married with 11 children, three of whom are in school while the other one is still too young for school.
For the last thirty-nine years, Sou has been farming rice and planting cassava to support his family. With the current business, he can earn about 40,000 KHR per day and can save about 20,000 KHR each day for their future needs.
Sou has been a member of VisionFund for two loan cycles already and he completely paid back the loans, which have enabled him to afford to buy fertilizer for his rice and cassava.
Now he is applying for another loan of 3,000,000 KHR to buy fertilizer for his cultivated land and use a portion of it to pay for labor fees. He hopes to grow his rice and cassava fruitfully so as to sell if for a good price to improve his 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.