Sarom’s group consists of five members who live in the same village, and this is the fifth microloan for her with VisionFund. The past loans, which she fully paid back, have relieved her family burden and improve her livelihood. Now she is leading her group to apply for a new loan. As the leader, she is going to use her some of her money to buy fertilizers and pesticides for her farmland, and use a portion of it for labor costs. She hopes to get a high yield from her paddy fields so as to make a better 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