Having been involved in this business for 21 years, she is able to earn about 22,000 KHR per day. Thy, a second-time borrower, has formed a group of two with a first-time borrower in order to apply for a new loan. Her past loan, which she has paid back fully, has helped her to better support both of her businesses on, especially by allowing her to purchase ingredients for her noodle business. Her portion of the new loan will be used to purchase fertilizer and seed for her farm. She hopes that this will give her a better crop yield and allow her to lift her family living conditions above their previous state.
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