Chan, a divorced mother of three children, is 35 years old and living in a rural village in the Srey Snom district of Siem Reap, Cambodia. As of now, all of her children are dependent on her, as two are still in school and one is helping with the family's business. She has struggled for her children through paddy cropping and grocery selling. For the 5 years that she has been involved in this business, she has been able to earn up to 25,000 KHR per day. This is Chan's fourth time with Kiva's partner, VisionFund. The previous loans have gradually supported both her businesses and made her a good income, as well as some savings. With her effort, she was able to buy a decent motorbike to support her business. Now she is seeking 1000 USD to buy more grocery items, including canned food, soap, and shampoo, for resale. She hopes to earn more income so that she can continue to make her 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.