With her main business (that she has been with for 10 years), she is able to earn about 16,000 KHR per day. Chreb has been with VisionFund for one cycle, and fully paid back the loan which has better supported her business, and uplifted her living conditions. As a second-time borrower, she has formed a group of four members - the other three members are the first-time borrowers - to seek a new loan.
As the leader, she is going to use her portion to buy fertilizer and insecticide for her cash-crop. She expects to enlarge her profit and carry on good progress of 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