Sokchea, age 48, has five children and is a resident of Kror Kor district of Pursat Province. To combat the family's financial hardship, she runs a small stall for selling vegetables, fishes, and meat while her husband grows rice and raises chickens.
For five years experience in this business, she is able to earn up to 15,000 KHR per day. This is the first-cycle loan for Sokha with VisionFund(Kiva's partner). She is seeking a 1,000,000 KHR loan. A portion of her loan will be used to buy more chickens and to build a chicken coop and some portion of it will be used to purchase more items to replenish her grocery store. She hopes that she can earn more income from her various businesses so she can sustain her living condition in a good way.
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.