Proen has been with VisionFund for five loan cycles and has fully repaid the loans, while the other member of her group has been with VisionFund for three cycles. Proen used the previous loans to relieve her family’s economic burden and improve her livelihood. Now she is leading her group of two members to request a loan of KHR 1,000,000 each. As the leader, she is going to use her portion to buy fertilizer for her farmland as well as to pay labor fees for harvesting the rice. She hopes to get a high yield from her rice paddy.
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