Khom is requesting her first loan with the Kiva partner has VisionFund along with her loan group co-member. She and her partner are requesting a loan of 2,000,000KHR each. As a group leader, Khom will use her portion of this group loan to buy materials for her fishing business such as materials (line, pole, and hook), fish trap, and cast net. Via her use of this loan portion, Khom hopes to catch more fish and increase her income.
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