For the last fourteen years, Saron has been farming rice and growing cassava as primary sources of her family’s income. Sometimes her husband works for others for a fee. They can earn about 26,000KHR per day and manage to save about 10,000KHR each day after offsetting daily expenses.
Saron is with VisionFund for this loan cycle. She is leading her group to ask for a loan of 1,000,000KHR each. As the leader, she is going to use her portion to buy fertilizer for her farmland and to pay for labor.
Saron hopes this loan will enable her to increase her income and fulfill her dream to have a decent home to live in.
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