Ny, a first-time borrower with VisionFund (Kiva’s partner), is leading a group member, who is a third-time borrower, to take out a loan in the amount of 1,800,000KHR in total. As group leader, Ny will use her loan portion, which is 1,000,000KHR, to purchase spare parts for her tractor. She would like to dedicate all of her hard work to moving her family ahead and hopefully send her only son to school in the future.
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