Noeurm is a third-time borrower with VisionFund (Kiva's partner). After the successful past loan which she repaid completely, she feels confident that she can improve her living condition better than before.
Now she is a leader of a group consisting of two other members in order to apply for a new loan with VisionFund (Kiva’s partner). The total amount for her group loan is 2,600,000 KHR, of which 800,000 KHR is her loan portion. As a leader, she will use her loan portion to buy fertilizer, rice seeds, pesticides, and plow her farmland. She hopes to increase her income to expand more 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