Dim has been with VisionFund (Kiva’s partner) for three cycles and has fully repaid his loan, which supported his business and progressively upgraded his lifestyle. Dim is now in need of capital to better support his wife’s business selling sugarcane juice. He therefore formed a group of four members in order to apply for a new loan. Dim is applying for a loan of 1,400,000 KHR while his co-borrowers are each seeking 1,000,000 KHR. Dim will use his loan portion to buy a machine that squeezes sugarcane into juice. He hopes to make more income and sustain his living.
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