Chreb's group consists of four female members; three members, including her, are third-cycle borrowers, while the remaining one is a seven-time borrower. Her past loan has helped her to support her family with good living conditions.
The entire amount of the loan being requesting by her group is 15,000,000 KHR. Chreb's loan portion is 3,000,000 KHR and it will be spent to purchase potash (fertilizer) for her farmland. She will also use a portion of it to buy more grocery items for resale in her stall.
She hopes this purchase will help her boost her crop output, and support her grocery-selling business at the same time. By doing so, she can sustain her living conditions and keep her children in school.
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