A rural villager from the Kandal Stoeng district of Cambodia, Montha is 48 years old and widowed. She is a mother of one son, who is still in school. She has struggled to feed to her family through farming rice. To gain more income to better support the family, Montha also sells snacks in the local area. She has been in this business for 20 years and she is able to earn from the current business 12 USD and manages to save about 4 USD each day after deducting daily expenses.
Montha has been a member of VisionFund for 5 cycles already and successfully paid back the past loans. The loans from VisionFund have helped her relieve the family’s living condition. Now requesting a loan of 700 USD, she will use this loan to buy fertilizers for her farmland. Montha hopes this loan will enable her to increase her business to make more income so as to make a better 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.