Residing in Pursat Province’s Kror Kor district in Cambodia, Savy is a 50-year-old married woman with seven children. Some of her children are students while others are employed as rice farmers. To support her family, she has grown rice and raised pigs for more than 25 years, earning approximately 14,000 KHR per day and managing to save around 6,000 KHR after living costs.
Recently, Savy's business has faced some challenges, such as unhealthy pigs and the lack of pig feed, leading her to request her first loan from VisionFund, Kiva’s partner. Thus, she is now requesting a loan in the amount of 2,000,000 KHR. With a portion of this loan, Savy will buy feed for her pigs. She will spend the rest of the loan on bamboo ladders to support her husband’s business, which is making palm juice. After receiving the loan and using it in a smart manner, Savy strongly believes that her pigs will be healthier and fatter, and that she will be able to sell them at a higher price.
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.