This is the fourth loan for Sreytey with VisionFund (Kiva’s partner). The past loan that she has completely paid back has better supported her business in a timely manner and returned her a decent income to maintain her lifestyle. Now, in this group of two, she is the leader. The women are seeking 1,400,000 KHR each. Sreytey will use her portion to hire laborers to reap her cassava. She hopes to collect her yield on time and sell it with a good price for a higher income.
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