Yeng’s group is comprised of two members, who are both female. Yeng is a third-cycle client, while the other group member is a second-cycle client with VisionFund, Kiva’s partner. Yeng has successfully repaid her past loans, which have helped her family relieve their financial burdens and improve their livelihood. Now requesting another loan with VisionFund, Yeng, who is the group leader, will use her portion of the loan to lease plots of farmland. She hopes this loan will enable her to expand her rice paddy business, generating more profit to improve her family’s living conditions.
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