Phan has been with Kiva’s partner, VisionFund, for five loans and she completely paid back the loans. Her group members have been with VisionFund for from four to six loans. The past loans have helped Phan to relieve her family’s burden. Now she is leading her group of three to apply for a loan. As the leader, she wants to use her portion to plow the field and use a portion of it to spend on buying more grocery items to resell. She hopes this loan will enable her to increase her family’s income so as to better her living condition.
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