Pheap, 33, resides in a rural area of Kror Kor district of Pursat province, Cambodia, Pheap is married with four dependent children. Three of them are currently in school and one is too young for schooling. Pheap makes her living through rice-farming, earning around 15,000 KHR per day and saving approximately 5,000 KHR after deducting her daily expenses. This will be her second loan via Kiva’s partner, VisionFund. The first loan has helped her successfully cover the needs of the family. Now she is in need of money to buy fertilizer and to cover the cost of plowing her rice field. She is applying for a loan in the amount of 2,000,000 KHR. She believes that, after receiving the loan, her business will provide her with good quality yields so that she can boost her income as well as better support 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.