The main income source for his family is from cassava farming, which he has been involved in for 20 years. He can earn 36,100 KHR per day.
He is a second-time borrower with VisionFund (Kiva’s partner). As the group leader, he will spend his entire loan portion to pay for pesticide, fertilizer and plowing fee. He hopes to collect a good yield and to sell it for a good price to improve his family's living situation.
About VisionFund CambodiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid