Sreymuch, 26, is single, residing in a rural village of the Kandal Stoeng district of Kandal province. She earns a living through farming rice and working as a garment factory worker. Having been in the business for five years, she is able to earn about $5 USD per day and manages to save about $1.5 USD each day for future needs.
This is the first VisionFund Cambodia loan for Sreymuch. Now applying for a loan of $600 USD, Sreymuch is going to use her loan to buy a motorbike, so she can commute to work. This loan will enable her to commute to work on-time and save time, so she can also work at home.
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.