Phalla has been with VisionFund for four cycles while the other member has been with VisionFund for one cycle. Phalla repaid the past loans. Now she and her group members are asking for a loan of 1,400,000 KHR and 1,200,000 KHR respectively. She wants to use her portion to buy fertilizer and rice seeds for her farmland. With this loan, she hopes to grow healthier rice to increase her family’s income and make a better living.
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