Sam Art, 43, lives in a rural village of Kandal province’s Kandal Stoeng district, Cambodia. She is married and has four children, only one of whom is still attending school while the others work as garment workers to make their living and support the family. For the last seven years, Sam Art has been working as a garment worker while her husband is a paid construction worker.
Sam Art has been a member of Kiva’s partner VisionFund for two cycles already and has completely repaid her loans. She has used the previous loan wisely and successfully to improve her family’s livelihood. After the two cycles with VisionFund, she now can earn about USD $14.80 per day to respond to her family’s needs and also manages to save about USD $9 each day for their future needs. Sam Art is now requesting another loan with VisionFund of USD $1,000, which she will use to buy a motorbike for her children to commute to work. This loan will enable Sam Art’s children to reduce travelling time and go to work in a timely and regular manner.
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.