Mom resides in a rural village located in the Ratanak Mondul district, Battambang province. She is 55 years old and widowed with four children. To survive and support her family, she has been farming rice and planting sesame and cassava for about 10 years. Through her current business, she earns about 20,000 KHR per day and she manages to save about 10,000 KHR each day for the future needs.
Mom has been a member of VisionFund for five cycles and she has completely repaid her previous loans, which have helped her to afford sufficient food to feed her family and save for future. After previous successful loans, she feels empowered and is confident to improve her standard of living. She is now requesting another loan of 2,000,000 KHR with VisionFund. She will use this loan to buy fertilizers for her farmland and use a portion of it to spend on labor to help her with cultivation. She hopes to increase her crop yields so as to improve 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.