This is a group loan for Sophat's group of four members who live in the same area. Sophat has been a member of VisionFund for one cycle already, while the others are clients in their first and second cycles with VisionFund. The first loan helped her increase her income and better support her daughter's education. Now leading her group to apply for a loan, she will use her portion to buy fertilizers for her farmland and to support her daughter's education by paying for things such as schooling materials. She hopes to increase her business and earn more income so as to improve her 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