Including this loan, she is a second-cycle client with VisionFund (Kiva’s partner). With her first loan she is able to better support her living in a gradual manner and managed to buy a decent motorbike for her family. In need of working capital to buy good arum seedlings and rice seed, she formed a group of three to apply for a new loan. She hopes that this loan will help her to grow both of her cash crops on time and get back more yield. (Arum has an edible root, a source of starch.)
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