Khim’s prior loan was her first loan with VisionFund (Kiva’s partner). She has repaid her past loan wisely and this has enabled her to support her business on time.
Now, Khim leads a group of three to apply for a new loan. As the leader, she will spend her loan portion to buy rice seeds and fertilizers and to pay a plowing fee. She hopes that she can earn more income so that she can set aside some money to run a small grocery stall. This would enable her to earn extra income for her family.
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