Khy, age 40, lives in Kampong Cham province. She has four children, three of whom still rely on her, as two are in school while the remaining one is too young for schooling. Khy deals with the daily costs of living via a rice growing business and by working for others for a fee. She has been involved in her current business for 15 years, earning about four USD per day.
Khy has been with VisionFund (Kiva’s partner) for two cycles including this loan, and has fully repaid back her first loan. The positive impact of the loan has enabled her to support her living and she could afford to buy a rice husker to support her business. Now, she is seeking a new loan in order to buy potash, and to buy a decent motorbike to support her business. She hopes that she can produce a good yield for her business and sell it at a high price.
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.