This is the first microloan for Vanny’s group consisting of three members. They are seeking 1,000,000 KHR each. Vanny, the group leader, will spend her loan portion to buy fertilizer and good and fragrant rice seed for planting. She hopes that this loan will enable her to grow her cash crop on time and return her a good profit for her family’s sake.
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