Nary is a young 27-year-old mother of four dependent sons who are still in school. For the sake of her entire family, she has been working at various businesses for five years including rice farming, pigs, cow-raising, and mushroom-growing.
Nary joined VisionFund in 2011 and she managed to pay back the loan successfully. The loan has helped her to run her multiple businesses smoothly, send her children to school, and has enabled her to have some savings. Now she can earn about US$5 per day. Therefore, she is confidently requesting a new loan of KHR 3,500,000 not only to buy a water pump and dig a well for her farmland but also buy necessary materials such as fungus, plastic bags, hay.. etc for producing mushrooms. She hopes to earn more money, keep improving her living conditions, and especially keep her 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.