A mother living in a rural village of the Kandal Stoeng district of Kandal province, Soknay is 32 years old and the mother of two children, both of whom are dependents and still in school. For the past eight years, Soknay has been selling fish to support her family, while her husband works as a policeman in local area.
Soknay has been a member of VisionFund for two loan cycles, and she has completely repaid her loans. She has used the loans from VisionFund to provide better support for her family, providing enough food and meeting their basic necessities. She can earn about US$10 per day from her current business and save about US$5 each day for future needs. Now Soknay is requesting a new loan of US$500. She wants to use this loan to buy a cow for her farm, and she will also use a portion of it to buy fish for resale. Soknay hopes this loan will enable her to have a cow as a farm animal to help in her farming business, so as 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.