This is the second micro loan for Vith's group with Kiva's partner, VisionFund. She has completely paid back the first loan which has helped her to improve her living conditions. Now she is leading her group to apply for a loan. As the leader, she will use her portion to buy fertilizers for her farmland and use a portion of it for gasoline to carry water into her rice field. She hopes to grow her rice healthily and sell it for a good price to make a better living .
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