Mao is 45 years old, married, and has four children. He runs a business buying recycled materials, which he sells to merchants. Mao has been in this business for 10 years. He buys beer cans, steel, etc. To better feed his family, he plants cassava and rubber trees. He also works for others for additional income.
Mao is requesting his second loan with VisionFund, which he will use to buy recycled materials for his business. He completely repaid his first loan. With this loan, he hopes to increase his stock, earn more income to feed his family, and build his savings for his children and the future.
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.