A 61-year-old mother of two dependent sons, Huon lives in a village of the Prey Chhor district of Cambodia. Both of her sons work at a garment factory to earn a living. Cassava and rice farming are her main sources of income to support the family and she has been in this business for 30 years. Raising pigs is an additional source of income to better support her family.
Huon received a loan from Kiva’s field partner, VisionFund, one year ago and she completely repaid the loan. Since 2010, the loan has helped her make a better living and afford a decent house to live in. She now earns about 10 USD per day and is able to save around 5 USD each day. Now requesting another loan with VisionFund, Huon will use this loan to buy a water pump for the rice paddies. She hopes this loan will help increase her business so as to earn a larger income, improve her standard of living, and also build on some savings for 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.