Sophea, a 30-year-old married mother, lives in a rural area of the Ponhea Krek district of Kampong Cham province, Cambodia. She has two children to take care of, and they are in school.
To make a living, she has been farming rice and planting peppers for three years, and she also makes and sells grocery items in the village. Her family's income is about 32,000 KHR per day and Sophea can manage to save about 15,000 KHR each day after offsetting daily expenses.
Sophea has been with VisionFund for one cycle and successfully paid back the past loan, which has helped her improve her family's living conditions. Now she is applying for a loan of 4,000,000 KHR. With this loan, she is going to buy fertilizer for her plantation business. She hopes to grow her pepper and rice more healthfully and fruitfully so as to sell them for a good price to improve her standard of living and keep her children in school.
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.