Aem is a villager from the Battambang province’s Thmor Koul district. She is 51 years old and married with two children. To make a living, she and her husband have been raising pigs as their primary business for 10 years. In addition, they supplement their income by selling rice-soup in the local area. From their current business, they are able to earn about 50,000 KHR per day and manage to save about 30,000 KHR each day after daily expenses.
Aem is a new borrower with Kiva’s partner, VisionFund. She is requesting a loan of $1,000 from VisionFund. She will use this loan to buy piglets to raise and pig feed to nourish them. In addition, she will use a portion of this loan to buy spices necessary for making rice-soup. She hopes to increase her income from the current business, enabling her to improve her standard of living.
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.