A villager residing in a rural village of Sa Ang district located in Cambodia’s Kandal province, Yeoun is a 39-year-old married woman with four children, all of whom are students. To support the family, she works as a rice farmer while her husband plants cucumbers and catches fish.
This will be Yeoun’s first time requesting a loan via VisionFund (Kiva’s partner). She is seeking a USD 1,000 loan. Yeoun will use a portion of her loan to support her rice field by buying fertilizer, pesticides, and to cover the cost of labor. The other portion of the loan will be spent on purchasing a machine for her husband’s fishing boat to support his fish-catching business. After receiving and using the requested loan in a smart manner, Yeoun expects a boost in the family’s income and to use the income to relieve the family’s burden and further pursue her children’s educations.
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.