Pos obtained her first loan from VisionFund in 2010, which she has completely paid back. The first loan helped to improve the living condition of her family and also helped to expand her business. This time, Pos leads a group with one other woman to apply for a new loan. As leader, Pos will use her portion to cultivate her rice farm and then will use some part of it to buy seeds, fertilizers and gasoline for a water pump. Pos really hopes that this loan will allow her to make more income so that she can gradually expand her business and also buy a buffalo.
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