Ploung’s group consists of three members who live in the same village. She is in her second loan with VisionFund. The past loan she took from VisionFund helped her relieve the family’s burden. Now leading her group to apply for a new loan with VisionFund, Ploung will use her portion to buy a buffalo for using in her rice paddy. She hopes this loan will enable her to increase her rice production to earn more income from the current business so as to improve her standard of 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