Sophy and the two other members of her borrower group, Kimheng and Sim, have taken loans out before from Kiva field partner VisionFund. The previous loans have helped Sophy afford sufficient food and have helped her to send her children to school.
Sophy is the leader her borrower group, which has applied for another loan. She plans to use her portion of this group loan to buy fertilizer for her rice crop. Sophy hopes she can increase her crop yield so as to earn more income to set aside for her business and also to keep her children in school.
About VisionFund CambodiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid