This is the first microloan for Srey’s group with Kiva’s partner, VisionFund. She and her group member are asking for a loan in amount of 1,000,000 KHR and 500,000 KHR respectively. As the leader, Srey is going to use her portion to buy pig feed for her pig-raising business and materials to support her husband’s fishing business such as cast nets and fish traps, etc. She hopes to increase more income from her current business so as to improve her family’s 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
192View loans »