Yath is 48 years old and married. She lives with her family in a rural area located in the Prasat Balang district of Kompong Thom province. She has one dependent child to take care of and now he is in school in the local area. Farming is the primary source of income and potato farming is the second source of her family’s income. With the current business, she can earn approximately 24,000 KHR per day.
This is the ninth loan for Yath from Kiva’s partner, VisionFund. Now she will apply for a new loan. She will use her portion to buy fertilizer for her farmland. She hopes to increase her current business so as to earn a larger income to make a better living and keep her children in school.
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.