Chea, who has never been with VisionFund (a Kiva partner) before, is forming a group of two to apply for a new loan. She and her joint borrower are seeking 500,000 KHR each. As the group leader, Chea will spend her loan portion to buy zinc to cover her house. She hopes this purchase will help her to fix her roof on time and own a decent house for her kids.
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