This is the first loan for Ra’s group with VisionFund. Each member of the group is applying for a loan of 1,000,000 Cambodian riels (KHR). Ra was appointed to be a group leader by her members, and she will use her portion to buy fertilizers for her farmland. She hopes the loan will allow her to grow higher yield crops so as to sell them for a higher price so that she can fulfill her dream of having a decent house for the family and an orange plantation.
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