Simorn’s group consists of three members. This is her fifth loan with VisionFund. She completely repaid the past four loans, which have enabled her family to have enough food.
Now she is leading her group to request another loan of 600,000 KHR each. Simorn will use her portion to buy fertilizer for her farmland and will spend a portion on labor fees for transplanting rice seedlings. Simorn hopes this loan will enable her to grow a healthy and fruitful crop of rice so as to sell it for a good price and improve her 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