Yet, a 47-year old widow, is a responsible mother of four children, two of whom are dependent on her.
Yet has travailed to feed her children through growing cassava for over 20 years and sometimes working as a paid worker in the local area of the Ponhea Krek district of Kampong Cham province, Cambodia. The current business earns her around 27,000 KHR per day and she can save about 15,000 KHR each day.
Yet received the first loan from Kiva’s partner VisionFund a cycle ago and fully repaid the loan, which has improved her livelihood. She is now requesting a loan with VisionFund of 2,000,000 KHR. She will use this loan to spend on plowing the field and buying cassava seedlings for planting. She hopes to improve her current business to earn more income in order to set aside some money to build on her savings and fulfill her dream to grow rubber trees in the future.
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.