Her main sources of income are from rice farming, cassava farming, and a fish selling business. She has been involved in her current business for 16 years. With this new loan, she is in her fourth loan cycle with VisionFund (Kiva’s partner). She has paid back her past three loans with success and it has enabled her to support her business timely.
Now she is seeking 4,000,000 KHR in order to renovate her house. She hopes that she can fix her house timely so that she does not need to worry about the upcoming rainy season.
About VisionFund CambodiaVisionFund 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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