This is the fourth microloan for Soy with Kiva’s partner, VisionFund. She successfully used the loans to improve her living condition. Now leading her group of three to apply for a loan, Soy, who is the leader, will use her portion to buy fertilizers and pesticides for her rice and mango planting. She hopes to produce more mango and rice and sell it for a good price so as 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