Chanyhol is 51 years old and married. She lives in a village in the Kandal Stoeng district with her husband and five children, all of whom are dependent on her and still in school.
She is a garment worker and supplements the family income through growing rice, while her husband has helped her in farming rice in the local area.
Having been in this business for 9 years, they can earn about 36,000 KHR per day to meet the family’s needs. Chanyhol is a seventh loan cycle borrower with VisionFund, Kiva’s partner. She successfully used the past loans to better support her family.
Now, she is requesting a loan of 2,500,000 KHR to buy a motorbike for her family. She hopes to have a decent motorbike for her family to use.
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.