This is a group loan for Vutha’s group of four members who live in the same village. Vutha is in her second loan cycle cwhile the other members are first-time borrowers with VisionFund. She successfully used the first loan to relieve her family burden and improve her livelihood. Vutha and the other three members are applying for a loan of KHR1,000,000 each. As the leader, she is going to use her portion to buy fertilizer for her farmland. She hopes to increase her crop yields so as to sell them for a larger income to improve her lifestyle.
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