Originally from a rural village in the Ponhea Krek district of Kampong Cham province, Sokun is a 45-year-old married mother of four children. Two of her four children are still financially dependent as they are students in the local state school. Rice farming has been the main source of income for her family for seven years. To supplement the family’s income, her husband works for others for a fee. Sokun has been a member of Kiva’s partner, VisionFund, for three cycles. She successfully used past loans to better support her entire family, especially to cover her children’s education. Now she is applying for a loan of 4,000,000 KHR. She is going to use her portion to buy fertilizer and to pay for the plowing fee for her farmland. She hopes to grow her healthy rice to earn more income to improve her standard of living and keep her children in school.
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.