Age 37 and a peasant from Kandal Stoeung District of Kandal Province, Sokvy is a mother of five children. Four of her children are still in school. To deal with daily living expenses, she does rice cultivation while her husband works at a construction site for extra income. This is the second loan for Sokvy with VisionFund (Kiva’s partner). She is able to maintain a standard of living for her family. Now, she is seeking 1,200,000 KHR. She will use her loan to buy a plot of farmland for growing more rice. She hopes that she can gain a high crop output so that she can improve her lifestyle.
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.