Mom has been with VisionFund since 2011 as a first-cycle client. The loan, which has been successfully repaid, has enabled her to continue her current business and to keep her children in school. Now, she is confidently leading a group of two to apply for a new second-cycle loan. She is requesting 1,200,000 KHR and her group member is applying for 200,000 KHR.
She will buy necessary materials (i.e. plastic bags) to support the sowing business. She hopes to sell a lot of rubber tree seedlings so she can earn more income.
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