Sarean is a rural villager from Kandal Province's Sa Ang District, where crop farming is a popular local business. She is 43 years old and a widowed mother of two sons. Sarean is a farmer who grows mangos on one and half hectares of farmland and also raises pigs to support her family. Having been in this business for 25 years, she is able to earn about $10.42 USD per day, but she can save only $2.42 after the family expenses. This is Sarean’s first loan cycle with Kiva's partner, VisionFund, and with these funds she plans to buy 15 piglets and pig feed for her farm. She hopes to sell her pigs for a good price so she can save some money to buy a motorbike for commuting, as well as to support her business.
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.