Lon is new to VisionFund (Kiva’s partner) and has formed a group of two to apply for a new loan. As a group leader, she will use her portion of the loan to buy a water pump for her cassava crop. She hopes to grow her cassava successfully and produce high yields so that she can earn a higher income and purchase additional farmland to expand her business activity.
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