Residing in a rural village of Sangke district in Cambodia's Battambang province, Yuth is a 53-year-old married woman with seven children, one (a son) of whom is dependent on her and currently in school. Yuth has been working so hard to earn the resources needed for the family. She has two businesses farming rice on a five-hectare plot of farmland and raising six heads of cattle. To add extra income to the family, Yuth's husband also operates a pineapple-planting business. Together, they are able to earn around 12 USD per day. Yuth has been a member of VisionFund (Kiva's partner) for one loan already, with which she expanded her plot of farmland and boosted the family's income as well. Now, in hope of earning even greater income for the family, Yuth is applying for a USD 400 loan to purchase fertilizer to keep her rice-growing business and her husband's pineapple-planting business in good shape. Yuth is so excited that she has an opportunity to be able to access this loan via VisionFund because she believes that with the help of this loan, she will be able to produce a good quality crop that she can sell for more profit. She is also willing to use the anticipated profit to advance the education of her school-aged child as well as improve the living standard of her beloved 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.