Never having been with VisionFund (Kiva's partner) before, Ton formed a group of two to apply for a new loan. He is applying for 1,000,000 KHR while his co-member is seeking 1,400,000 KHR. As group leader, he will use his portion to buy more piglets for raising. He hopes that he can increase the income of his current business and keep up good progress in his standard of living.
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