Proeng’s group is comprised of three members who live in the same village. Proeng has been a member of VisionFund for seven loan cycles. The past loans from VisionFund have helped him to better support his family. Now leading his group to apply for a new loan, Proeng, who is the leader, will use his portion of the loan funds to buy fertilizers and seeds for his farmland. With this loan, he hopes to increase his maize production, so as to improve his standard of living.
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