Sinoeurn, 38, lives in one of the remote areas of the Kandal Stoeng district of Kandal province. She has four dependent children, two daughters and two sons, who work at a garment factory. To support this big family, she and her husband have been farming on one hectare of farmland as their main source of income. To better feed the family, they also plant water convolvulus and yardlong beans. She has been with both businesses for 15 years, and she is able to save only $2 per day. The main challenge for her family is the declining price of vegetables. This is the second loan for Sinoeurn. She has used her first loan successfully in improving her living condition. She is now requesting a loan with VisionFund to buy a cow for raising and a motorbike for transporting her cash crops to the market. She hopes that she will have many calves to help with future needs in plowing and earning more income from both businesses.
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.