Mab has been with VisionFund for one cycle and completely paid back the past loan while the other member of his group is a newly joined client for this cycle. He is leading this group to apply for a loan of KHR 900,000 each. He, the group leader, is going to use his portion to buy more piglets to raise and fish for making dried fish for sale. With this loan, Mab hopes to earn more income to allow his family to live in a better lifestyle and keep the children 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