Sokhon is a single lady in her early 20s residing in Kandal Stoeung district of Kandal province. Her main sources of income are from her job working at a local factory and her clothes selling business. She has had this business for 6 years. Sokhon is a first-time borrower with VisionFund (Kiva’ s partner). She is now seeking a loan in order to buy a decent motorbike for commuting back and forth to her workplace. She hopes that this purchase has enabled her to minimize transportation costs which she used to pay.
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.