This is the micro-loan for Somorn’s group of two members who are both female. She is a fourth cycle client, while the other is a third cycle client with VisionFund. The past three loans that Somorn completely repaid have helped her to relieve her financial burden and improve her livelihood. Now requesting a loan, Somorn, who is the leader, will use her portion to plow the field and pay labor costs. She hopes this loan will enable her to increase her income so as to make a better living and keep her children in school.
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