In a group with four other members, Sophai is the leader. She received five loans from VisionFund consecutively and paid back all the loans, which have helped her to keep her daughter in school and maintain her household, with success. Now she is applying again for her sixth loan cycle for an amount of 1,400,000 KHR, the same amount as all her group members. She will use this portion to buy fertilizers and pay the costs of plowing. She expects this loan will improve her family’s conditions.
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