Residing in Kampong Cham province, Mom is married and blessed with four children. Nowadays, three of her kids are still under her dependency. She manages two hectares of rice growing as the main source of income while her husband works for others for a fee. The 20 years involvement in the current business, she is able to earn around 22,000 KHR per day. This is the third time that Mom has been with VisionFund (Kiva’s partner). Her past loan, which she has repaid with success, has supported her business on time and has returned her a decent profit to sustain her living as well as to keep her kids in school. Now, she is in need of working capital to support her farmland. Therefore, she seeks a new loan to buy rice potash, rice seed, insecticide, and to pay for labor costs who help her to plow her farmland. She hopes that she can gain high crop yields better than before and sell with high prices to earn more income.
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.