Lim is a resident in Roveang district of Preah Vihear province. She is a twenty-year-old, married woman. The primary income source for her family is from a farming business. In addition to that, Lim also works as a paid laborer, in order to earn extra money to support her family. The average daily income for the whole family is only 14,000 KHR per day.
This is the very first time that she is seeking a microloan from Kiva’s partner, VisionFund. Lim is applying for loan money of 1,200,000 KHR. She plans to use the money to support her farming business. Moreover, she plans to use a portion of the money to plant potatoes in order to earn extra income. Lim strongly believes that the loan from Kiva’s partner, VisionFund, enables her to uplift her family lifestyle in a gradual pace.
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.