Nang is a 49-year-old married mother who lives in a rural area of the Dambae district of Kampong Cham Province, Cambodia. She has five children, three of whom are dependent on her and still in school. To make a living, she has been planting cassava and raising pigs for ten years. The business earns her approximately 24,000 KHR per day, and she manages to save about 10,000 KHR each day after daily expenses.
Nang has been with VisionFund for four cycles and completely paid back the past loans. She has wisely used the past loans to improve her standard of living. Now Nang is requesting another loan, of 4,000,000 KHR. She is going to use a portion of her loan to buy fertilizer for her farmland and spend a portion on household supplies. She hopes to grow her rice in a healthy and productive manner, so that she can sell it for a good price, improve her standard of living, and fulfill her dream of building a decent house to live in.
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.