This is Tong's first cycle with Kiva's partner, VisionFund, while the other member has been with VisionFund for three cycles. She is now leading her group of two to apply for a loan. Tong, who is the leader, will use her portion to pay for labor fees in plowing her rice fields. She hopes to get a high yield from the current business 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