Phat, 48, is a married mother who lives in a rural village located in the Sa Ang district of Kandal province, Cambodia. She has four children, some of whom are in school. For the last 25 years, she and her husband have been farming rice to make a living. They can earn about US$9 per day to meet their family’s needs.
Phat has been with VisionFund for five loan cycles and has completely paid back her past loans. These loans have helped her better support her family. She is now applying for a new loan to buy fertilizer for her farmland and to use a portion to buy more plots of land to expand her business. She hopes this loan will help her to grow more rice that she can sell for a good price.
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.