Yon is aged 49 years and married. She lives with her husband and six in a rural area located in the Cheuny Prey district, Cambodia. She is a rice farmer on two hectares of farmland, and she has been in this business for 29 years. The current business earns her about 27,000 KHR per day to feed the family, and she manages to save about 6,000 KHR each day.
This is the first loan for Yon with Kiva’s partner, VisionFund. She is applying for a loan of 1,200,000 KHR. She will use this amount to buy fertilizers and seeds for her farmland. She hopes to increase her family’s income, so as to make a better living.
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.