Norn has been with VisionFund for one cycle and completely repaid his loan. The other members of his group have been with VisionFund for one or two cycles. His first loan helped him better support his family. Now he and his group members are requesting a loan from VisionFund for 1,000,000KHR each. Nom, the group leader, is going to use his portion to buy fertilizer for his farmland and pay for labor. He hopes this loan will enable him to increase his income from the current business so as to improve his standard of living and keep his children in school.
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