The past loans have helped him to improve his business gradually so that he can manage to drill a well and to buy a water pump in order to water his cash-crop. Now, he has formed a group of three in order to apply for a new loan. Bit, as the group leader, is going to spend his portion to buy fertilizer and cabbage seed for his farmland. He hopes to grow healthy cabbage so he can make additional income in order to enlarge his farmland.
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