Phy is in her fourth loan cycle with VisionFund (Kiva’s partner). She has fully repaid her past loans, which have supported her business in a gradual manner and increased her income. Now, she and her co-borrower are seeking 2,000,000 KHR each in order to pay plowing fees and weeding fees, and to buy insecticide for her cash crop. She hopes to double her income for her family.
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