Vanly is aged 30 years old and married. She lives with her husband and three children in a rural area located in the Ek Phnom District, Cambodia.
Vanly has been selling rice for several years, and her husband also supplements the income by working as a motor taxi driver in the local area. The current business earns her family about 50,000 KHR per day to feed the family, but Vanly manages to save about 20,000 KHR each day.
This is the first loan for Vanly with Kiva’s partner, VisionFund. Now requesting a loan of US $400, she is going to use this loan to build a market stall for her rice-selling business. Through this loan, she hopes to earn more income from her current business.
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.