A 48-year-old, Sinoun is a resident of Pursat province’s Kror Kor district in Camobdia. She is a widow and a mother of three children, one (a daughter) of whom is currently in school and still under her responsibility.
Sinoun has been working tirelessly as a rice farmer on a two-hectare plot of farm for more than twenty years to continually support the family. Through the current business, she generates income for the family of around 15,000 KHR per day and, after offsetting the daily expenses, saves approximately 9,000 KHR for future needs.
Sinoun is requesting loan via VisionFund (Kiva’s partner) of an amount of 1,000,000 KHR for the first time. With this requested loan, she will purchase a decent motorbike for use in the family. Via the help of this loan, Sinoun hopes to be able to save the cost of transportation as well as to save time.
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.