Phoeng is an existing client of VisionFund who has received loans for one loan cycle. The past loan helped him relieve the family's financial burden to a great extent. He is now leading a group of three members to apply for another loan with VisionFund. As the leader, he is going to use his portion to buy fertilizers for his farmland. With this loan, he hopes to make more crops and sell them for a good price to make a better living to send his daughter 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