Samet is a third loan cycle client with Kiva partner VisionFund. She has managed her past loans with success in obtaining better living conditions, especially daily decent food for her family. Now, she is forming a group of two members to apply for a new loan. She and her member are seeking for 1,400,000 KHR and 1,000,000 KHR, respectively. As the leader, she is going to use her loan portion to buy fertilizer and to pay for a tractor’s leasing fee (plowing fee). She hopes to receive better yields so as to earn more income in order to maintain a good standard of living for her family.
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