Now, Chan is in a group of two to apply for a new loan. She is seeking 1,300,000 KHR while her co-borrower is applying for 400,000 KHR. As the group leader, she will use her loan portion to buy a decent bicycle in order to buy recycled items for resale. She hopes this purchase will help her to earn more income to better her lifestyle.
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