Davy, 25, is married with two dependent children who are all still small. Her family lives in a house with a thatch roof located in Kampong Cham province’s Dambae district, and the main sources of her family’s income are from farming rice and planting cassava. She has been running her business for several years, earning about 20,000 KHR (Cambodian riels) per day, and she is able to save about 10,000 KHR each day.
Davy received her first loan with Kiva’s partner VisionFund one loan cycle ago, and has effectively used it to sustain her family’s business, support her family’s needs and save some money from the earnings for the future. With a good business, she is applying for another loan of 4,000,000 KHR so as to buy fertilizers and pesticides for her farmland. She hopes to increase her crop yields to earn more income to make a better 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.