A mother of eight children, one of whom is in school, Oun is a villager from the Ponhea Krek district of Kampong Cham province, where cassava is one of the well-known products in the area. Besides farming cassava on one and a half hectare, which is her primary source of income, she grows rice on another half-hectare area. She struggles to make a living as a widow who currently is in her early 50s. She is able to earn up to 28,600 Cambodian riel (KHR) per day. With VisionFund (Kiva’s partner), she is the second microloan borrower who has repaid her original loan with success and improved her lifestyle from what it was. Now, she is seeking a new loan in order to buy potash for her farmland and pay a fee for plowing, to be ready for planting season. She hopes that she can increase her income for her family.
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.