Soeurn, 58, is married and has eight children. Currently, only one child is still in school. Soeurn mainly depends on a single agricultural business, rice farming on three hectares, which she has been involved in for 30 years. She is able to generate about 28,000 KHR per day. Soeurn has been with VisionFund (Kiva’s partner) for a long time and has fully repaid back her past loan. The past loan has helped her to relieve her family’s burden and to earn a decent income to finish up her house construction on time. Now she is seeking 2,000,000 KHR to buy 9 sacks of potash and to pay the reaping and plowing fees for her farmland. She hopes that she can increase the yield from her crops and make a good profit.
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.