Originally from a rural village of the Prasat Balang district of Kampong Thom province, Nil is 40 years old and married with two children who are dependent on her and still in school. She and her husband earn a living through farming rice, which they have been doing for 18 years, and they also have raised pigs for 10 years. These current businesses earn their family about 35,000 KHR (Cambodian riels) per day.
Nil has been with VisionFund for five loan cycles. She successfully used the previous loan to better support her family and increase her family’s business. Now she is applying for another loan. She wants to use her loan to buy fertilizer for her farmland and buy pig feeds for raising her pigs. She hopes to grow her rice successfully and increase her current business to better her family’s living conditions.
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.