Chy’s group consists of two members; this is Chy’s third loan cycle with VisionFund. The past loans, which she successfully repaid, have helped her support the family with sufficient food. Now she is leading her group to request a new loan. Chy, who is the leader, will use her portion to buy fertilizer and rice seeds for her farmland and to spend on labor costs. She hopes to get a high crop yield from her rice-paddy so as to make a better living and keep her son 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