Leang lives in a rural village of the Battambang province's Thmor Koul district, Cambodia. He is 47 years old and has six children, one of whom is dependent on him and still in school. For twenty-five years he has earned a living by catching fish to sell. Sometimes he and his wife work for others for a fee to better support their daily expenses. Drought is the main challenge for his fish business.
Leang has been with Kiva's partner, VisionFund, for five loans. He fully repaid the past loans which have relieved his family's financial burden and bought some fishing nets. Now he is applying for a loan with VisionFund for $750. Leang will use his loan to buy new fishing nets and a boat for supporting his current business, and to fix his old boat. He hopes this loan will enable him to increase her business to gain extra income so as to improve his family's living conditions.
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.