Thoey, 56, is married and lives with her husband and six children in a village in the Moung Russey district of Battambang province. She and her husband are farmers who grow pineapple and they supplement their family’s income through selling grocery items. She has been in this business for 15 years, earning about 27,000KHR per day to feed her family.
Thoey has been with Kiva partner VisionFund for three cycles and completely paid back the past loans, which have helped her family relieve financial burdens and improve their livelihood. Now she is applying for another loan in order to buy fertilizers and pesticides for her farmland. With this loan, she hopes to increase her crop yields and earn more income to better her family’s 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.