Rot is from a rural village in the Thmor Koul district of Battambang province, Cambodia. She is a 44-year-old widowed mother of five children, three of whom are dependents and help the family’s business.
For seven years, cassava planting and rice farming have been the main sources of income for her family. To earn additional income, Rot also buys and sells cassava in the local area. From the current business, she can earn about 83,000 KHR per day. She manages to save about 20,000 KHR each day after the daily expenses.
This is Rot's seventh loan with Kiva partner VisionFund. She fully paid back the past loans which have helped her obtain enough food for the family's needs. Now she is applying for another loan with VisionFund in the amount of US$1,250. With this loan, she is going to buy a decent motor for commuting for her family and transporting her cassava and rice from the field. Rot hopes to be able to deliver her products to customers in a timely fashion in order to earn a larger income for the family.
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.