A married woman living in a rural village located in the Kror Kor district of Pursat province, Chantha is 28 years old and has three children; two are in school, while the remaining one is still too young for school. Chantha is a teacher in the local area, and she is also a rice farmer. She has been in this business for several years, earning about 12,300 KHR (Cambodian riels) and saving about 4,000 KHR each day.
Chantha has been with VisionFund for two loan cycles and fully repaid the past loans, which enabled her to relieve her family’s financial burden. Now requesting a loan of 1,500,000KHR, Chantha will use her loan to buy more plots of farmland. She hopes to expand her paddy business so as to better her living’s 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.