Two cycles ago was her original loan with VisionFund (Kiva’s partner). She has completely paid back her entire loan and it has empowered her to upgrade her lifestyle and be in better shape. Now, she has formed a group of five members including her. The total requested loan amount is 5,300,000 KHR. Rum whose loan portion is 500,000 KHR will use her loan to pay for labor fees, seed and insecticide. She hopes that this purchase will help her to grow her crops on time and return her double profit.
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