This is not her first loan from VisionFund (Kiva’s partner). She has repaid her past loan with success, and it has improved her living status. Now, in a group of four, she is the leader. She and two other group members are seeking 1,400,000 KHR each, while the remaining member is applying for 1,000,000 KHR. For Chroeb, as the group leader, she will spend her portion on rice seeds. She hopes to replant her rainy-season rice on time and receive a good yield with a high income.
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