A citizen located in the Kampong Cham province’s Kampong Siem district, Rong is forty-three years old and the mother of two kids, one of whom is in school. To support the family, she is growing rice and running a selling snacks. This is her third loan cycle with VisionFund (Kiva’s partner) and she has been running these businesses for ages. Her previous loan, which she completely repaid, enabled her to buy household supplies and support her kid in school. Now, she is seeking a new loan of 4,000,000 KHR. She will use her loan to buy a decent motorbike to support her snack selling. In future she hopes to expand her business to a larger scale.
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.