Kaai's group consists of four members who live in the same village. Kaai is taking her third loan with Kiva's partner, VisionFund. She has successfully used the prior loans to increase her family's business by leasing a plot of farmland and to improve their livelihood. Now she is leading the other three members to apply for a micro loan. She is going to use her portion to buy rubber seedlings to plant as an additional business and pay for labor. She hopes this loan will enable her to increase her family's income to improve her family's living condition.
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