Poch, 57, is from a rural village located in the Kandal Stoeng district of Kandal province. She is widowed, with one daughter who is still dependent on her and works as a garment worker in the local area to help support the family.
Poch has struggled to earn a living through farming, which she has been doing for ten years. The current business earns her family about US$10 per day; she manages to save about US$5 each day after daily expenses.
This is the first microloan for Poch with VisionFund. Poch will use her loan to buy a motorbike. This loan will enable her to have a proper motor for commuting her family. She hopes to make a better life and to improve the family’s living condition.
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.