Leangkhim is a young breadwinner of the family and also a mother of a 2-year-old boy. To support the entire household, she and her husband have been growing garlic for three years. The current business earns them about 7 US dollars per day. Leangkhim has been with VisionFund for four cycles and completely paid back the entire loan. The past four loans have helped her to maintain her current business, have decent food daily, and set aside some money to buy cows. She feels confident that she will improve her lifestyle gradually.
Now, she is applying for a new loan as a fifth loan cycle client. She is going to use her loan to purchase more garlic for growing, and a portion of it will be added to her money that she has saved up to buy one more cow. She hopes to double her income via her crop yield in order to better her standard of 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.