This will be Sok's third time requesting a loan via Kiva’s partner, VisionFund. The loans that he obtained and successfully paid back helped him improve the living conditions of his family. This time, he is leading his group of two to apply for a loan with VisionFund. Sok, who is the leader, will use his portion to buy fertilizer and pesticides for his plantation. He hopes to increase his crop yield so he can sell more for a good price to better off his living conditions and keep his children 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