Now, she leads a group of three to apply for a new loan from VisionFund. She and one of her co-borrowers are seeking for 1,400,000 KHR each while the remaining member is requesting 1,000,000 KHR. As the leader, she will spend her loan portion to buy potash, rice seed, and to pay for the plowing and reaping fees. She hopes that she can gain a high yield from her crops and make a good profit for her children'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