A villager from the Battambang province’s Moung Russey district, Sinat is 22 years old and married. She has two children. The main sources of her family’s income are from rice farming and working for others for a fee. Having been in this business for 11 years, she is able to earn daily income of 50,600 KHR (Cambodian riels) to support her family, and she can save about 20,000 KHR per day for their future needs.
This is the fourth loan for Sinat with Kiva’s partner VisionFund. She is applying for a loan of 3,000,000 KHR to buy fertilizers for her farmland. She hopes to increase her crop yields so as to make a better living.
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.