Ran is a villager living in Pursat province’s Kror Kor district in Cambodia. She is a 47-year-old married woman with six children. Ran and her husband provide a decent life for their family by farming rice and earning around 14,000 KHR per day and saving approximately 9,000 KHR after meeting their daily expenses. Ran is now seeking for a 3,500,000 KHR loan with VisionFund (Kiva’s partner) for the first time. She plans to utilize her requested loan to purchase fertilizer and a cow to support her rice-growing business. Ran hopes to improve the family’s living standards through the income generated from the rice-growing business after receiving and using the loan as she plans.
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.