Phalla resides in a rural area of Moung Russey district, located in Battambang province, in Cambodia. Phalla is 24 years of age and married. She also is the mother of a son and a daughter, both of whom are dependent on her and currently in school. To continually support the family, Phalla has been working tirelessly as a rice farmer, on a seven-hectare plot of farmland, for around ten years. Phalla’s husband provides a service, repairing and washing motors, in order to complement the income. This couple is able to earn approximately 38,000 KHR daily.
This is Phalla’s first time requesting a loan via VisionFund (Kiva’s partner). She is seeking a 3,000,000 KHR loan to support her rice-growing business, by purchasing fertilizer and rice seed. She will also use this loan to buy spare parts for the motor-repairing business of her husband. After receiving and effectively using the requested loan, Phalla hopes that she and her husband can smoothly run the businesses, generating more income to the family. She wants to use the anticipated profit to improve her family’s lifestyle and further educate her beloved children.
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.