A mother of three children in her early 40s, Vanna is a villager who grows rice on a three hectare area; it is the business that she has had for about 20 years, earning roughly 27,200 KHR per day. Including this loan, Vanna is a fifth-time borrower with VisionFund (Kiva’s partner). After the successful loans she has repaid, Vanna feels confident that she can upgrade her living condition better than before. Now, she is applying for a new loan order to buy a decent hand-tractor to support her farmland. She hopes that this purchase will unburden the transportation cost which she used to cover.
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.