Saophea has been with Kiva’s partner, VisionFund, for one loan cycle and completely paid back the loan. With the loans from VisionFund, she has managed to improve her livelihood. She is now leading her group of four to ask for a loan. As the leader, she is going to use her portion to buy pesticides for her cultivated land and plowing the field, and use a portion of it to spend on labor. With this loan, Saophea hopes to increase her family’s income so as to make a better 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