This is the second loan for Reom with VisionFund, Kiva’s partner. She used her first loan to successfully stabilize her business as well as her living conditions. Now in a group of two, she is the leader in order to apply for a new loan. She is going to spend her portion to buy potash, seed, and insecticide for her bean farm. Moreover, she will use some portion of her loan to buy additional grocery items such as canned food, instant noodles, spices etc. for resale. She hopes to double her income and sustain her lifestyle.
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