Choern, 33, lives in a rural village of Battambang province’s Bovel district. She is a married mother of two children, both of whom are dependents and still in school. Her family’s income comes from farming on a leased rice paddy. Choern has been in this business for seven years. Currently, she can earn about KHR 33,000 per day and manages to save about KHR 17,000 per day for their future needs.
Choern has been a member of VisionFund for three cycles already and she completely repaid the previous loans. She successfully used her loans from VisionFund to better support her living. She is applying for another loan to buy fertilizers and pesticides for her farmland. With this loan, she hopes to extend her farmland to increase her business and thereby earn more income.
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.