Nimol is a 32-year-old mother of two children residing in a rural area of the Kandal Stoeng district of Kandal province, Cambodia. She is engaged in rice farming, which she has been doing for fourteen years, and she can earn about 11 US Dollar only.
With VisionFund, she is a third-time borrower. She has managed her past two loans with success by improving her family's life gradually with proper clothes and decent food. Moreover, she was able to set aside some money for future needs.
Now she is seeking a new loan to buy a motorbike as a means for transportation to better support not only her current business, but also to help her husband's commuting back and forth to his workplace. She hopes that this new motorbike will save traveling time for her husband so he can use his spare time to help her with her own current business and help look after the children.
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.