A mother of four kids who are in school and living in Sampov Meas district of Pursat Province, Chanroeun is 33 years old and one of many villagers in the local area who raises ducks and grows rice as the main source of income. She has involved in this business for ages. Including this loan.
She has been with VisionFund (Kiva’s partner) for the past three loan cycles. These loan have sustained her business and returned her a decent income, up to 40,400 KHR per day. Now, she is seeking for a new loan of 2,000,000 KHR. She will spend her loan portion to buy 10 sacks of fertilizer and to pay for transplanting fees for her cash crop. She has high hopes that she will increase her income from her business and expand greatly expand it.
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.