Pha, 37 years old, is a villager living in a rural area of Sa Ang district in Cambodia’s Kandal province. She is married and a mother of two children, one of whom (a son) is currently a student.
Pha makes her living through raising pigs. To add more income to the family, Pha’s husband has a business selling charcoal stoves. Each day, this hardworking couple earns around 9 USD per day and, after deducting the daily cost of living, saves approximately 4 USD for future needs.
Pha is a third-time borrower with VisionFund (Kiva’s partner). The past loans that she obtained and completely paid back have enabled her to meet the family’s need.
Pha is now seeking a USD 1,010 loan to strengthen, as well as expand, her pig-raising business by purchasing more piglets to raise and also pig feed. This requested loan will also be spent on helping her husband’s business by buying more stoves to sell.
Pha hopes to run her pig-raising business smoothly, as well as raise her pigs fatter and healthier. She also hopes that her husband can sell lots of stoves, which leads to more profit for the family.
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.