Pheap’s group consists of four members who have been with Kiva’s partner, VisionFund, for three cycles. Pheap had completely paid back the past loans which have helped her better support her current business. She is now leading her group to apply for a new loan. She is going to utilize this loan to buy more grocery items for selling and use a portion of it to buy materials for her husband’s business. She hopes this loans will enable her family to increase to a large income so as to make their living better.
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