This is not the first loan for Soeun with VisionFund, Kiva’s partner. She repaid her past loan by living wisely. She is now applying for a 300 USD loan in order to buy a decent motorbike for commuting. With her own bike she can reduce her transportation costs.
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.
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