Chorn is leading a loan group of two women, both of whom are first-time borrowers with VisionFund (Kiva’s partner) to apply for a loan in the amount of 1,000,000 KHR each. This group representative, Chorn, will utilize her loan portion in this loan to purchase fertilizer and pesticide to apply to her farmland in hopes of keeping it in good shape. Chorn hopes to be able to earn more income, improve the living conditions of her family, and most importantly, be able to advance her children’s education further.
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