Living in a thatched roof house in a rural village of the Tbaung Khmum district of Kampong Cham province, Chunly is 55 years old and married. She and her husband have five children, two of whom are still in school. She and her husband earn a living through farming rice and planting cassava and they have been in this business for almost 37 years. With her current business, she is able to earn approximately 35,000 KHR per day to support her family.
This is the first loan for Chunly with Kiva’s partner, VisionFund. She is requesting a loan with VisionFund of 1,500,000 KHR to buy fertilizer and seeds for her farmland. She hopes to increase crop yields and sell for a good price so as to improve her 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.