Now Savy is taking her third loan with VisionFund since 2008 while the other member in the group has just joined with VisionFund this loan cycle. The loan has helped her have a regular business. With her current business, she can earn more than US $30 per day but is able to save around US$7 each day. As the leader, she will use this loan to buy fertilizer for her one-hectare farmland for dry season rice. She hopes to increase her crop yield, improve her standard of living and 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