This is the second loan for Sak with Kiva's partner, VisionFund. She has used the first loan successfully which has helped her to maintain the current business and keep her children in school. She now leads a group consisting of four members; one member is also taking a second loan whilst the other two are newly joined clients.
She is seeking a loan and will use her portion as the group leader to buy fertilizers and pay the plowing fee. She hopes to earn more income so that she can buy a mini-tractor for her rice field as well as improve her family's living 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