Chhean’s group consists of three members who live in the same village. This is the fifth loan for her and one of her co-members with Kiva's partner VisionFund and the third loan for a remaining fellow group member. She completely paid back the past loans, which have helped her to increase the income from her current business. Now she is leading her group to request a loan. Chhean, who is the leader, will use her portion to buy fertilizer for her farmland. She hopes this loan will enable her to grow her rice more fruitfully and sell it for a high price so she can save some money to build a decent kitchen.
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