This is a group loan for Mon’s group of two members who live in the same village. Mon is in her fourth loan cycle with VisionFund. She successfully used the past loans to relieve her family's economic burden and improve her livelihood. Mon and the other member are applying for a loan of KHR 1,000,000 each. Mon, the leader, is going to use her portion to buy fish to resell. She hopes this loan will enable her to earn more income from her current business so as to improve her standard of living and keep her child 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