A resident from a rural village of the Kandal Stoeng district in the Kandal province, Marn is aged 52 years. She is married with six children, two of whom are dependents and still in school. For the last fifteen years, she has been working as a rice farmer. Sometimes she works in a garment factory to support the family while her husband works construction to help generate more income. Together, they can earn about US$11 per day and manage to save about US$7 each day for the future needs.
Marn has been a member of VisionFund for one cycle already and she has successfully used the first loan to relieve her family burden and improve her livelihood. She is satisfied with the first loan and is now requesting another loan of US$1,000. She will use part of this loan to buy a motorbike and use the remainder of it to buy a cow for her farming business. This loan will enable her to have a motorbike for her children. It will also serve as a means of transportation to work. The cow will also increase farming production to help improve her standard of living.
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.