Savat is a 47-year-old rice farmer who lives with her husband in a rural area of the Dambae district of Kampong Cham province. She has eleven children, four of whom are dependent on her and still in school.
To support her big family, Savat has been growing rice on one hectare of farmland while her husband works as a paid worker in the local area to earn additional income. Having been in this occupation for almost 30 years, they are able to earn almost 30,000 KHR per day and manage to save about 10,000 KHR each day after deducting daily expenses.
Savat has been with VisionFund for one loan cycle and fully paid back the past loan. She has wisely used the previous loan to better support her family's living conditions.
Savat is asking for another loan with VisionFund of 2,000,000 KHR. She is going to use her portion to repair her hand tractor machine. With this loan, she hopes to cultivate her rice to earn more income to improve her lifestyle 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.