Sarun, a first-time borrower with VisionFund (Kiva’s partner), is leading a group of three to apply for a loan. She is seeking 500,000 KHR while her joint members are applying for 1,000,000 KHR each. Sarun will spend her portion of the loan to buy potash and to pay for plowing fees. She hopes that she can increase her income by making a good profit.
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