Mom’s group consists of five members, two of whom have been with Kiva’s partner, VisionFund, for one cycle. Mom completely repaid the loan which has helped her to relieve her family’s burden and improve her livelihood. Now leading her group to apply for a loan, Mom, who is the leader, will use her portion to buy household supplies such as plates, clothes and other materials for consumption in the family. She hopes this loan will enable her family to have sufficient household supplies for consumption and also hopes to fulfill her dream to run a new business and make a better 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
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Success!! The loan was 100% repaid