Thoen lives in a rural area of the Moung Russey district, in Battambang province. She is a 56-year-old, married mother of six children. To make a living, she has been working as a rice farmer for eighteen years. To supplement her income, she also grows pineapple and sells grocery items in a village. The current business earns her about 50,000 KHR per day, to meet the family’s needs.
Thoen has been with VisionFund for one loan cycle. She completely paid back the past loan. The previous loan helped her to relieve her family’s burdens and improve their livelihood. Now she is applying for a new loan, in the amount of 4,000,000 KHR, to buy fertilizer for her farmland and to pay wages to laborers who will pump water for the crops. She hopes this loan will enable her to timely grow her pineapple and rice crops, so as to improve her living conditions.
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.