Shown in the picture, Samai is a 62-year-old married woman residing in a rural area in theThmor Koul district of Battambang province, Cambodia. Her family is a big family which in total has eleven members. Samai has nine children, two (daughters) of whom are dependent on her and still of school-age.
To support the family, Samai and husband plant vegetables such as cauliflower and garlic. Having been in the current business for thirty years, Samai earns around 53,000 KHR per day, but the daily expenses for the family is quite big so there’s approximately 16,000 KHR left for her savings. Samai has been with VisionFund for four cycles already, with which she succeeded in securing food needed in her family.
Samai is in need of money to purchase seeds and fertilizers in order to smoothly operate her field of business. Thus, she is applying for a loan in the amount of 2,000,000 KHR. She highly believes that this fifth loan will help her, even better than the four previous ones, to receive good yields so that she can gain more income to improve the living condition of her family.
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.