Pret is age 55 and is living with his family members in a rural village located in the Thmor Koul district of Battambang province. He is married with three children, all of whom are dependents and still in school. Rice farming on five hectares of farmland has been the only main source for his family’s income for thirty years. Lacking working capital to buy fertilizer for applying to his farmland is the main challenge for his farming business.
Pret has been with VisionFund for four loan cycles. He successfully used the loans from VisionFund to improve his family’s living condition and now he is confident of making a better living. Requesting a loan with VisionFund of US$800, Pret will use this loan to buy fertilizers and pesticides for his farmland. He hopes to grow his rice healthily and fruitfully so as to sell it for a good price to improve his family’s lifestyle and keep his children in school.
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.