Sokmara, 43, is a married mother of three children who are students in the local state school. She struggles to earn a living through working as a local school teacher in the area and does agricultural activities, vegetable growing and dragon-fruit planting. She has been engaged in the current business for 22 years, earning about 40,700 KHR per day.
This is the first loan for Sokmara with VisionFund (Kiva’s partner). She will use her loan in the amount of 3,000,000 KHR in order to buy more posts to grow more dragon fruit. She really hopes that she can grow her fruit so that it will be healthy and she will have more yield.
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.