Moern has been with Kiva’s partner, VisionFund, for five cycles and she completely paid back the loan, while her group member is just with VisionFund for this cycle. Now she is leading her group to ask for a loan. As the leader, Moern will use her portion to buy fertilizer and pesticides for her farmland and use a portion of it to spend for gasoline for water pumping. She hopes this loan will enable her to earn more crop yield so as to make a better living and keep her child in school.
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