Including this loan, Sary and her fellow group member are third-cycle clients with VisionFund (Kiva’s partner). Sary has wisely managed her past loans to support her business and gain a decent income for her family. Now, she is seeking 1,000,000 KHR, while her co-borrower is applying for 300,000 KHR.
Sary, who is the group leader, will use her portion of the loan to buy fertilizer and seed and to pay plowing fees. She hopes this loan will positively impact her standard of 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