Age 58 and a villager from Ponhea Krek district of Kampong Cham province, Thol is a mother of five children. She endures her family’s difficulty by rice farming. This is the business that she has engaged in for ages. Her husband works for others for a fee for additional income, and he also helps her on her farmland.
Thol is not a first-time borrower with VisionFund (Kiva’s partner). She has paid back her past loan wisely and it enabled her to support her living at a gradual pace. Now, she is in need of working capital to support her paddy rice farming business. Therefore, she seeks a new loan of 2,500,000 KHR to buy rice seed and fertilizer, and to pay a plowing fee and a leasing fee for her farmland. She hopes to gain a good yield from her crop and make good profit for her family.
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.