Nach is a 45-year-old married mother who lives with her husband and three children. They reside in a rural area of the Kandal Stoeng district of the Kandal province in Cambodia. Out of her three children, she still has one daughter to take care of because she is still in school. To support her family, she has been farming rice for twenty years. Their family daily income is approximately $8 per day, and they can manage to save about $3 each day after offsetting daily expenses.
Nach has been with VisionFund for two cycles and completely paid back the past loans, which have helped her to better support her current business so as to make a better living. Now, she is applying for a loan of $700 to buy fertilizer for her farmland and use a portion of it to spend on a pumping machine. She hopes to make more money from her current business so as to make a better living 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.