This is not the first loan for Harithy with VisionFund (Kiva’s partner). The past loan has enabled her to sustain her living in a proper condition, and she managed to repay the past loan already. Now, she forms a group of three, to apply for a new loan. As the group leader, she will use her loan portion to pay the fee for plowing her land, and to buy seed, fertilizer, and insecticide for her farmland. She hopes that she can make more income from her current business and improve her living standard.
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