Originally from Pursat Province’s Kror Kor District, Chen is 49 years old and married. She is blessed with five children: four of them are students while the remaining one is a paid worker in Thailand. To tackle the family’s financial burden, she farms on two hectares of land and her husband works as a paid worker. This couple also owns a small rice huller to earn more income. The main challenges for her family are the insufficiency of working capital to support her business.
To deal with her challenges, Chen is applying for a fourth loan with VisionFund (Kiva’s partner). Her past loans, which she fully repaid, have steadily sustained her business and returned a good income to support her family with decent food. Now, she is seeking an 1,800,000 riel loan in order to fix her rice husker. She hopes to fix her machine as soon as possible so she can provide this paid service to the villagers for additional income for her 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.