As a resident of a rural area of Dambae district located in Kampong Cham province in Cambodia, Touch is 44 years of age and married with three children, one (a son) of whom is still dependent on her. The other two children are assisting in the family's businesses, which are growing rice and planting cassava. Touch earns around 16 USD per day through the current businesses and manages to save approximately 6 USD for future needs after deducting her daily cost of living. This will be Touch's second time requesting a loan via VisionFund (Kiva's partner). The first loan that she already received and completely repaid has helped her better support her family. She is now applying for a USD 1,200 loan to spend on buying fertilizer and covering the cost of labor. With the help of this loan, she expects a boost in the family's income as well as an increase in the living standard of her 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.