Sambath has joined VisionFund (Kiva's partner) for six loan cycles and has successfully repaid the loans. In a resourceful manner, she has used her past loans to better support her rice-cropping business and to uplift her living conditions. Now, she is one of two female members in a group. Her requested loan amount is 600,000 KHR while the other group member -- a fifth-time borrower -- is seeking 500,000 KHR. As the group leader, Sambath is going to use her portion to buy fertilizer, rice seed, and insecticide for her cash crop. She expects to multiply her productivity so she can secure her children's living standards.
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