This is the third microloan for Pov’s group of two. The past loans have helped her family improve its livelihood. Now, she and her joint member are seeking 1,200,000 KHR each. As the leader, she will spend her portion to buy rice seeds, to pay the reaping fee, and to buy fertilizer for her farmland. She hopes to make more income than before so she can expand her farmland.
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