Savet is married and a mother of three children who are students in the local public school. Her entire family is residing in Dambae district, Cambodia.
To sustain her family, she has been growing cassava on a one-hectare area and planting rice on another one-hectare of farmland. As her husband's health condition is not so good, her business depends on her. For the nine years that she has engaged in this business, she has earned about 25,000 KHR per day.
She is a second-time borrower with Kiva's partner,VisionFund. From her past loan, which she has paid back with success, she can manage her cash-crop progressively especially in paying for the labor cost. Now, she is seeking a loan of 2,000,000 KHR. She is going to use this loan to pay for weeding fees and labor fees to transplant her rice seedlings. She hopes that this loan will return her good output, so she can keep supporting her children in school and maintaining her living condition.
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.