This is the first loan for Lalin’s group of five members who live in the same village. She is now leading her group to apply for a loan of 1,000,000 KHR each. As the leader, she is going to use her portion to buy more grocery items for her store. She hopes to expand her business and earn more income to make a living better.
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