Sina, age 49, is a cassava farmer. She lives in the Dambae district of Kampong Cham province with her husband and their three children. Two of the children are enrolled in school and the eldest is a paid worker. Sina and her husband are both engaged in cassava cropping, and the business generates about 28,400 KHR per day. In addition to working in the family agribusiness, her husband also works for others for a fee for extra income.
This will be Sina's third loan cycle with Kiva partner VisionFund, and she has successfully repaid both her previous loans. She is requesting a loan in the amount of 4,000,000 KHR in order to plow her farmland and pay for labor costs. Additionally, she will use a portion of the funds to buy a plot of farmland to expand the scale of her crop farming.
Sina hopes that she can increase her income so that she can build a house for her family.
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.