Including this cycle, Pach is the six-time borrower with VisionFund (Kiva’s partner). She has succeeded in using the past loans wisely to support her business and has completely paid back the loans already.
Now, she is the leader in a group of two female members including her. She is seeking 1,000,000 KHR, while her co-borrower is seeking 150,000 KHR. Pach is going to spend her loan portion to buy fishes for resale and to connect the electricity for her house. She hopes that this connection will supply sufficient electricity for her household so that her child can read a book easily at night time.
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