Phally has been with VisionFund for seven cycles while the other member has been with VisionFund for one cycle. He completely paid back the past loans, which have helped him better support his family with enough food. Now he is leading a group of two to ask for a new loan. As the leader, Phally will use his portion to buy chicken feed and cows to raise. He hopes this loan will enable him to fatten his chickens and sell them for a high price to increase his family’s income to better his family’s living conditions and send his children to school.
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