Mao's group is composed of three female members: this is the fourth loan cycle for Mao with VisionFund (Kiva's partner). She has used her previous loans in a wise manner to maintain her business and her family. Now, she and her co-members are each seeking 1,000,000 KHR. As the group leader, she is going to use her portion to buy additional grocery items to sell. She hopes that she will be able to buy grocery items on time and attract more clients in order to earn more income for her family.
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