Thoen’s group consists of two members who live in the same village. She is in her first loan with Kiva’s partner, VisionFund. Now she is leading her group of two to apply for a loan. As the leader, she is going to use her portion to buy fertilizer for her cultivated land. Thoen hopes to get a high yield from her plantation business so as to sell it for a good price to make a better living.
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