This is the fifth loan for Veansa with VisionFund, while the other group member has been with VisionFund for six cycles. Veasna had successfully paid back her previous loan. Now she is leading her group to apply for another loan. As the leader, she will use her portion to buy fertilizer for her farmland and use a portion of it to spend for labor and land plowing. She hopes this loan will enable her to increase her income so as to improve her 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