Yorn, on the far left in this picture, is 43 years old, and lives in Cambodia. She has three children who work for other people grinding corn. Yorn's family doesn't have an easy life. For more than ten years, Yorn's main income source has been growing corn. In order to feed her children she must sometimes also work for others.
Yorn leads a group of four female members applying for their first loan from KIVA. She will use her loan to buy agricultural tools such as hoes and a plow for her farm work. Having sufficient tools will allow her to increase the amount of corn she is able to grow. Through increased production she hopes to be able to better feed her children.
This is our 32nd KIVA loan, and our small fund of about $150.00 spent over two and a half years has enabled 32 people in disadvantaged circumstances to invest in themselves and their businesses. In those 32 loans only one has not been repaid, and that was because a typhoon wiped out the village where our borrower lived.
As the loans are repaid, on a regular schedule, the money is available to reinvest, or to withdraw if you decide to leave the program. We follow our borrowers each month, and it's always good to read a report that their goal of increasing their income and improving their families lives has been reached, in part because we shared our pensioner's mite.