Mao, age 57, is a rice farmer. She has been working in the rice field for 50 years. Mao is able to earn about US $26 per day from her current business to help meet the family’s needs. Her husband earns an income by offering battery-charging services. They have five children, two of whom are still their dependents. The family lives in the Kror Lanh district of Siem Reap province in Cambodia.
Mao has been working with Kiva’s partner VisionFund for two cycles and has successfully paid back her loans. These past loans have helped her to successfully pay the fees related to her children’s education.
She is requesting a new loan in the amount of $1,000 US dollars. She will use part of her loan to buy fertilizers and part of it to fix the battery charger so as to allow the family's battery-charging business to continue to generate income. She is confident that this loan will enable her to grow these two businesses so that she can help to improve the family's 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.