This single mother, Phornyka, supports her family by selling grocery items and raising pigs. She has been involved in these businesses for more than ten years.
Phornyka has been with VisionFund (Kiva’s partner) for five loan cycles; with these, she has succeeded in meeting the food needs in her family. Due to the lack of working capital to support her pig-raising business, Phornyka is leading a group of three to apply for a loan in the amount of 1,400,000 KHR each. As a group representative, Phornyka will utilize her loan portion to purchase feed for her pigs so that they will be fatter and healthier.
She hopes to grow her business and dreams to give her family a good future through hard work on her business.
About VisionFund CambodiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid