Sokea, 42, is a rice farmer who lives in a rural area of Kandal province’s Kandal Stoeng district of Cambodia. She has four children, two of whom are dependents and still in school. To support the family, she has farmed rice and planted water convolvulus while her husband works for others for a fee. Having been in this business for seven years, Sokea and her husband are able to earn about US$10 per day and manage to save about US$3 each day after deducting their daily expenses.
Sokea has been with VisionFund for two cycles and completely paid back the past loans. She has smartly used the previous loan to better support her family with enough food. Now she is seeking another loan of US$500 to buy a cow for helping her in the farming business. She hopes to get a high yield from her farming business so as to keep up the improvement in her lifestyle and to 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.