Chin, a resident from the Sa Ang district, is 56 years old. She depends solely on her grocery-selling business and Khmer noodle-selling business. This business has returned about 28,900 KHR per day.
This is not the first loan for Chin with VisionFund (Kiva’s partner). She has fully repaid her past loan wisely and it has supported her grocery store business.
Now, she is seeking a new loan to replenish her grocery items business for resale in the hope of earning a higher income. She hopes to increase her income so she can enlarge 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.