Savy leads a group of three members, all females and first-time borrowers with VisionFund, who are taking out a loan in the amount of 1,000,000 KHR each. As group leader, Savy will spend her loan portion on fertilizer and pesticide. This single mother, Savy, strongly believes that the loan will help her improve her family’s living conditions.
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