Yuang is 41 years old and married. She lives with her family in a rural area located in the Dambae district of Kampong Cham province. She has four children to take care of.
Rice farming and cassava growing are the primary sources of her family’s income, and she has been in this business for five years. With her current business, she can earn approximately 38,000KHR per day and save about 10,000KHR each day for their future needs.
This is the second micro loan for Yuang with Kiva’s partner, VisionFund. The past loan helped her better support her family with enough food. Now she is applying for another loan of 2,000,000KHR to buy fertilizer for her farmland. She hopes to increase her current business so as to earn a larger income to make a living better.
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.