For her family’s sake, rice cropping on a one-hectare area and duck raising are the main income sources she has had for 10 years, earning about 40,000 KHR per day.
Preach has never been with VisionFund (Kiva’s partner) before. She is now in a group of five to apply for a loan of 1,000,000 KHR each. As the group leader, she will use her loan portion to buy fertilizer and duck feed. She hopes both businesses will grow at a great pace so she can gain triple yield and make more profits to sustain her living.
About VisionFund CambodiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid