This is the first loan cycle for Raskmey and her fellow group member who form this group of two. Each of them are applying for 1,000,000 KHR. As the group leader, Raskmey will use her portion to buy rice seed and fertilizer for her farmland. She hopes to receive a high yield so as she can earn 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