With VisionFund, Loeurb is a third-time borrower who has fully repaid her previous loans. The previous loans helped her earn a decent income and improve her living conditions. Now, she is in a group of three to apply for a new loan. She and one of her co-borrowers are seeking 1,400,000 KHR, whereas the third group member is applying for 1,000,000 KHR. As the group leader, Loeurb will use her loan portion to pay for the reaping fee and to buy pig feed. She hopes to collect her crop yield and sell at a good price so she can improve her standard of 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