Sovann has been with Kiva’s parter, VisionFund, for five cycles, while the other member of her group has been with VisionFund for four cycles. Sovann completely paid back the past loans which have helped her to expand her current business. Now she is leading her group of two to ask for a loan of 1,400,000 KHR each. As the leader, she is going to use her portion to buy fertilizer and pesticides for her farmland and spend a portion of it for water pumping. Sovann hopes this loan will enable her to increase her family’s income to make a better 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