To feed the family, Sokvorn and her husband earn a living as farmers who have been growing rubbers and cassavas for ten years. Her husband also earns extra income by working for others for a fee. Sokvorn can earn about 25,000KHR per day to spend for her family’s needs.
This is Sokvorn’s group loan with Kiva’s partner, VisionFund. Her group has only two members, who are just with VisionFund this cycle. As the leader, she is leading her group to apply for another loan with VisionFund. Sokvorn is going to use her portion to buy fertilizers for her family’s business. She hopes to increase her crop yields so as to generate more income to improve their standard of living.
About VisionFund CambodiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid