Sovan is 28 years old and widowed. She resides in a rural village located in the Kro Kor district of Pursat province. She has three dependent children to take care of, two of whom now attend school while the third is too young for schooling. She earns a living through farming rice and buying pigs for resale. She has been in business for nine years and earns about 19,000 KHR per day. She can save about 14,000 KHR each day for future needs.
Sovan has been a member of VisionFund for four cycles already and she has completely repaid the previous loans, which have helped her relieve the family’s burden and improve her livelihood. She is satisfied with the previous loans and is now requesting another loan of 1,500,000 KHR with VisionFund. She will use this loan to buy fertilizers for her farmland and to provide working capital for her pig business. She hopes to increase her current business so as to earn a larger income to 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.