Hing, a second-time borrower, joins with a third-time borrower in this group of two to request a loan from Kiva partner VisionFund. Having repaid her first loan, she is seeking 2,500,000 KHR, while her fellow member is requesting 1,500,000 KHR. As the group leader, Hing will use her loan to pay for plowing fees, fertilizer and insecticide. She will also spend a portion of it to buy grocery items for resale for extra income.
Hing hopes to increase her profit to improve her family's living standard.
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