Hut's group has two female members. As first-time borrowers with VisionFund (Kiva's partner), the group members are each seeking a loan of 1,000,000 KHR. As a group leader, Hut is going to use her loan portion to buy fertilizer for her crops. She hopes to grow her crops on time so as to generate more 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