In a group of two, Kunthea is in the first loan while her co-borrower is in the third loan with VisionFund (Kiva's partner). The entire group loan is 1,800,000 KHR. For Kunthea, her loan portion in amount of 800,000 KHR will be used to buy pig's feed for her only business and medicine for her husband's occupation. She expects to fatten her pigs in a healthy condition so she can sell at a high price with high income. Hence, she can keep up a good pace of her 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