Sokha, aged 49, is married and resides in Siem Reap province, Srey Snom district, Cambodia. She has five children; one (a daughter) is a student. To better support her family, Sokha farms rice on a three-hectare farmland and plants cassava on a one-hectare farmland. She has more than 25 years of experience in her current businesses, earning approximately 10,000 KHR per day and managing to save around 5,000 KHR after offsetting the daily cost of living.
A first-time borrower, Sokha is applying for a loan in the amount of 2,500,000 KHR. She will spend a portion of the requested loan on buying a motorcycle and a tractor. The other portion of her loan will be spent on supporting her children’s education. Her biggest hope in the future is to be able to fully support the education of her children so that they will be able to stand on their own feet as well as find good jobs.
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.