Sokheng, 49, is a farmer in a rural village in Battambang province’s Kam Rieng district in Cambodia. She has six children, four of whom are dependent on her and they are still in school in the local area.
Sokheng has been raising pigs and cows for four years. Besides this, Sokheng also grows various kinds of vegetables such as cabbages, lettuce and chilies, etc. on two hectares of farmland to earn additional income for the family. The current business earns her approximately US$ 13 per day and she manages to save about US$ 6 each day after offsetting daily expenses.
This is the first loan cycle for Sokheng with Kiva’s partner, VisionFund. She is applying for a loan of US$ 1,000. She is going to utilize this loan to buy fertilizer and insecticides for her plantation and use a portion of it to spend on pig feed for nourishing her pigs. Sokheng hopes to get a high yield from her plantation business and also hopes to fatten her pigs so as to keep up a good progress of her lifestyle.
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.