Som lives in the Battambang Province's Thmor Koul district, where rice farming is the common primary business to generate income for the villagers, as well as for Som. She is 30 years old and is a mother of two schoolchildren. She and her husband grow rice in order to support the entire family. During their free time, the couple catches fish and works for others for a fee for additional income. She has been involved in this business for 10 years.
Som, who has never been with VisionFund (Kiva's partner) before, is requesting a new loan cycle as a first-time borrower. She will spend her loan on purchasing rice seed, fertilizer, gasoline and to pay for plowing. She hopes to increase the output, so she can also earn more profit in order to keep her children in school until tertiary level, as well as to improve her living conditions.
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.