The 26 years of experience in the current business returns Yon about 19,000 KHR per day. This is her seventh cycle with VisionFund. She has succeeded in repaying back her past loan, which has better supported her to sustain her living.
For this cycle, Yon formed a group of three to seek a new loan with VisionFund. As the group leader, she will use her loan portion to lease an additional plot of farmland to expand her cash-crop growing. She hopes to receive a triple yield from her business and make a good profit for her children’s education.
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