Living in a rural area of the Thmor Koul district of Battambang province, Cambodia, Thoun is 33 and married with four children. All of her children are dependent on her, some are still in school and some work as paid workers in local area. To make a living, she has been catching fish for five years while her husband is a motorcycle-taxi driver to help the family generate the income. Together, they can earn approximately US$10 per day and manage to save about US$6 each day after offsetting daily expenses for the future needs.
Thoun received the first loan from Kiva’s partner, VisionFund, a cycle ago. She successfully paid back the past loan which has helped her to better support the current business. Now she is requesting a loan of US $1,000. Thoun is going to use this loan to build on her saving in order to buy a decent motorcycle for her husband’s business. She hopes this loan will enable her to have a proper motorcycle for supporting her husband’s business so as to gain more income in order to make a living better 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.