Channy is a 33-year-old married mother of three children, all of whom are dependent on her and still in school. She lives in a rural area of the Tbaung Khmum district of the Kampong Cham province. To make a living, she is a rice farmer. Her husband works as a construction worker to earn additional income for the family. Having been in this business for 8 years, she is able to earn about 39,000 KHR per day and manages to save about 21,000 KHR each day after deducting daily expenses.
Channy just started with VisionFund this loan cycle. Now she is requesting a loan of 2,500,000 KHR to buy construction materials for her husband’s business and use a portion of it to pay for labor costs in harvesting rice. She hopes this loan will enable her to earn more income to improve her living conditions and keep her children in school.
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.