Residing in a rural village of the Dambae district of Kampong Cham province, Samon is 32 years old and married. She has three children, all of whom are dependents and still in school. To support the big family, she and her husband have been raising pigs for six years. The current business earns her family about 40,000 KHR per day to meet her family’s needs.
This is the first microloan for Samon with Kiva’s partner, VisionFund. Now she is applying for a loan of 2,000,000 KHR to buy pig feed to nourish her pigs and use a portion of it to spend on building a piggery. She hopes to fatten her pigs and sell them for a good price to improve her family’s living condition and keep their 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.