Sophal has been a member of Kiva’s partner, VisionFund, for three loan cycles already and she completely repaid her past loans, which have helped her relieve her family's burden and improve their livelihood. Sophal is now leading her group of two to request a loan of 1,400,000 KHR each. As the leader, she is going to use her portion to buy fertilizer for her farmland and use a portion of it to spend on paying labor costs for harvesting rice. She hopes to increase her crop yields and earn a larger income to improve her living conditions.
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