Chhan is this group's leader. The main purpose for Chhan to apply for this loan, is to get fertilizers for their rice field. All three of the members of her loan group are on their fifth loan cycle with VisionFund. Chhan wishes the fertilizer she will buy with the loan will enable her to grow good-quality rice, so that she can sell the crop for a good price. Then she will have more capital, to buy more fertilizers and expand her business.
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