Hing has been a member of VisionFund for one cycle and fully repaid back the past loan, which has helped to better support her family as well as her current business. Now she is forming a group of three to ask for another loan of 1,000,000 KHR each. Hing, who is the leader, will use her portion to pay rent on her farmland so she can grow more cassava. She hopes to gain more income for her family to improve her standard of 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