Mao, 42, lives in a rural village of Kampong Cham province’s Ponhea Krek district, Cambodia. He is married and has four children, two of whom are in school. For the last 22 years, Mao has been in farming rice, planting cassava, and working as a construction worker to support his family. Sometimes, he works for others for a fee in order to add up more income. The current business earns him about 30,000 Cambodian riels (KHR) per day to meet the family's needs.
Mao is just with VisionFund this cycle. Now he is applying for a loan of 3,000,000 KHR to buy fertilizer for his cassava planting and use a portion of it to spend on labor costs. He hopes this loan will enable him to earn more crops so as to sell them for a good price.
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.