Lon is 62 years old and a citizen from Battambang province. To meet the daily costs of living, he performs rice farming on 10 hectares with the support of his wife. He has been in this business for 17 years.
He is a seven-time borrower with VisionFund (Kiva’s partner), and has fully paid back his previous loans. Managing his rice farming business, he was able to buy a mini-tractor to support his farmland. For this loan cycle, he is requesting a loan of 2,000,000 KHR in order to buy gasoline for his tractor in order to plow his farm. He will also use the loan to purchase potash to boost his crop's productivity.
He hopes that he can make more income from his business in the future, thus improving his lifestyle.
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.