Yorn, after completely paying back her first loan to VisionFund, is now leading her current group of two to apply for another loan of KHR 500,000 each. As the leader, she will use her portion to purchase fertilizers for the rice crops and pay for farmland preparation. Yorn hopes that this loan will enable her to grow more rice of a better quality so that she can sell the crops for a better price to enable her family to live in better conditions.
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