Sima is a 45-year-old mother of six children living in a rural area of the Memot district, Cambodia. Of her six children, she still has four dependent children, three daughters and a son, to take care of, and they are in still in school. She and her husband earn a living through planting cassava and soybeans as the primary source of family’s income. Having been in the business for one year, she is able to earn about 26,000 KHR per day.
This is the first loan for Sima with Kiva’s partner, VisionFund. She is requesting a loan of 1,500,000 KHR, which she will use to buy more rubber seedlings and also use a portion to buy fertilizers and seeds for her farmland. With this loan, she hopes to increase her business and earn a larger income to improve her standard of living.
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.