This is the fifth loan for Chhean with VisionFund (Kiva’s partner). She has repaid her previous loan with success and made good progress in her living status. Now she is in a group of three, to apply for a new loan. As the group leader, she will use her loan portion to buy fertilizer, and to pay fees for plowing and labor. She hopes to make more income and to sustain her lifestyle in a good pace.
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