A farmer from a rural village of the Dambae district of Kampong Cham province, Ny is 54 years old and married. She has seven children, five daughters and two sons, who are farmers and students. To make a living to support her big family, she and her husband have been farming rice and planting cassava for twenty years. Her current business earns her about US$10 per day but she is only able to save around US$3 each day.
Ny has been with VisionFund for one cycle already and she completely paid back the loan, which has helped better support her business and family. Now requesting a loan of US $1,500 with VisionFund, Ny will use this loan to buy fertilizer for her farmland and use a portion of it for labor. With this loan, she hopes to increase her crop yields and earn a larger income so as to improve her lifestyle.
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.