Theg is 45 years old and a widowed mother who has been blessed with four children. She resides in a rural area of the Dambae district of Kampong Cham province, Cambodia.
As a widow, she has struggled to feed her family by farming rice and growing beans and cassava. Engaging in this business for 20 years, Theng can earn approximately KHR 35,000 per day and manages to save about KHR 10,000 each day after offsetting daily expenses.
Theng has been a member of Kiva’s partner, VisionFund, for two cycles. The past loans, which she successfully paid back, have relieved her family’s burden and supported her children’s education.
Now she would like to acquire a loan of KHR 3,000,000 from VisionFund. Theng will use this loan to pay for labor fees and to purchase rubber seedlings for planting to gain additional income for the family. Theng hopes to grow her business and earn a larger income 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.