This is the first loan for Pheng's group which consists of two female members. Now she is leading her group to apply for another small loan of KHR1,000,000 each. As the leader, she will use the entire loan to lease a small plot of farmland for her cassava business. This loan will enable her to plant more cassava so as to earn a larger income to improve her standard of living.
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