Ly has been with Kiva’s partner VisionFund for three loan cycles, while the other member is new to VisionFund this cycle. Ly successfully paid back the loans, which have helped her relieve her family’s burden and improve her livelihood.
Now, she is leading her group of two to apply for a loan. As the leader, she is going to use her portion to buy fertilizers and insecticides for her farmland and will use a portion of it to spend on buying pig feeds. Ly hopes to get a high crop yield from her paddy so as to make a better living and keep her children in school.
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