A resident from a rural village of the Prey Chhor district of Kampong Cham province, Sokhan is a 40-year-old mother of five children. Four of them, two daughters and two sons, are still dependent on her; some work as garment workers and some are in school.
The main sources of Sokhan's family income are from farming rice and selling Khmer noodles, and sometimes she also works as a paid worker to earn extra income. She has been in this business for 15 years. With her current businesses, Sokhan manages to save about 4.00 US Dollars (USD) each day. Drought is still the main challenge for her business.
This is the second loan for Sokhan with Kiva partner VisionFund. The first loan has helped her relieve family burden and support her childrens' educations. Now she is requesting a loan of 1,000 USD to buy fertilizer for her farmland. She will also use a portion of it to buy a plot of farmland for expanding her rice growing business. She hopes to make more crop yields so as to improve her lifestyle and 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.