Savoeun, 48, is divorced and has two children, one of whom is still living with the family and works at the rubber plantation. To earn a living, Savoeun just started selling groceries 1 year ago. She sells biscuits, candy, detergent, cooking oil, etc. She also works at the rubber plantation to raise additional income. Nowadays, she can earn around 7 US dollar per day to feed her family.
Savoeun is applying for her first loan with VisionFund. She wants to buy grocery stock for her store. This loan will enable her to have more inventory, and she hopes to earn more income to feed her family.
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.