Oucntouch is 26 years old and married. She lives with her family in a rural area located in the Ponhea Krek district of Kampong Cham province. She has two dependent children to take care of and they are still too young for school. Rice farming and cassava are the only primary sources of her family’s income. She has been in this business for six years. With the current business, she can earn approximately 40,000KHR per day and save about 25,000KHR each day for future needs.
This is the first micro loan for Ountouch with Kiva’s partner, VisionFund. Ountouch will use her loan to buy seeds for her farmland and use a portion of it to spend for renovating her house. She hopes to increase her current business so as to earn a larger income to make a living better.
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.