Kimchoern’s group consists of three members, all of them women. Kimchoern is in her second loan cycle with Kiva’s partner, VisionFund. The past loan, which she successfully repaid, supported her family’s living conditions. Now she is leading her group to request a new loan. Kimchoern, the group leader, will use her portion of the loan to buy fertilizers and pesticides for her farmland. Kimchoern hopes this loan will enable her to increase her 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