A farmer who lives in a rural area of the Moung Russey district of Battambang province, Cambodia, Thy is 56 years old and married. She has only one child who is dependent on her and helping the family’s business. Rice farming on a nine-hectare area of farmland is the main source of the family’s income, which she has been doing for ten years. The current business earns her around 40,000 KHR per day to support the family’s needs. Drought is the main challenge for her business.
Thy is in her second microloan with VisionFund (Kiva's partner). The successful past loan that she has paid back has unburdened her household and improved her family's livelihood. Now she is applying for a loan of 4,000,000 KHR. Thy will use this loan to buy fertilizer, rice seeds and pesticides for her farmland and use a portion of it to buy a mini-tracker for supporting her business. She hopes to make more income from her current business so she can keep up the good progress of her lifestyle.
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.