Sophan’s group has been with VisionFund for three years. The loan has helped her run her business successfully. Currently, she earns more than KRH 100,000 per day but is able to save around KHR 40,000 each day. Now she is leading her group to apply for another loan with VisionFund of KHR 1,400,000 each. As the leader, she is going to use this loan to buy more fragrant items for her business. With this loan, she hopes to increase her business to earn more income and keep her daughter 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