A young mother in early 20s, Chantha is a villager from Kampong Cham province and a mother of two children.
Her main source of income is from selling children’s toys and working for others for a fee as extra income. She is able to earn up to 27,000 KHR per day from the current business that she has had for several years.
Chantha has never joined with VisionFund (Kiva’s partner) before. As the first time borrower, she is seeking a loan of 2,000,000 KHR in order to buy more children’s toys for resale. She hopes that she can make more income from her business.
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.