Sovann is in his first loan with Kiva’s partner, VisionFund. Now he is leading his group of three to ask for a loan. Sovann wants to utilize his portion to buy a boat for his fishing business and use a portion of it to buy fishing materials such as cast nets, etc.. He hopes this loan will enable him to catch more fishes so as to sell them for a good price to improve his living condition.
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