Chhoeurn’s group consists of two members who live in the same village and this is the second loan for her group with Kiva’s partner, VisionFund. The first loan helped her to better support her family. Now she and her group member are requesting a loan with VisionFund of 1,000,000 KHR each. As the leader, she is going to use her portion to buy more grocery items to sell. She hopes this loan will enable her to increase further her income so as to make a better living and grow the family’s business progressively.
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