To better support her family, her husband also catches fish to earn additional income. Having been in this business for ten years, she is able to earn a daily income of about KHR 19,000 to support her family, and she can save about KHR 5,000 per day for their future needs.
This is the first loan for Ra with Kiva’s partner, VisionFund. She is leading her group of two to ask for a loan. As the leader, she is going to use her portion to buy fishing materials for supporting her husband’s business. She hopes to catch more fish to make a better living.
About VisionFund CambodiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid