Aged 29 years, Sinoun is married and lives with her family in a rural area located in the Sampov Meas district of Pursat province. She is a mother of one son, who is dependent and still too young for school. She earns a living through farming rice, which she had been doing for six years, while her husband plants corn and beans to help support the family. Together, she and her husband can earn about 20,000 KHR per day from the current business and are able to save about 10,000 KHR each day for the future. Drought is the main challenge for her farming business.
This is the first loan for Sinoun with VisionFund. Now she is requesting a loan of 4,000,000 KHR with VisionFund and she is going to use this loan to buy fertilizer, seeds and pesticides for her plantation and use a portion of it spend on labor costs. This loan will enable her to increase her rice farming production to improve her family’s living conditions, and also hopes to send 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.