This is the first microloan for Sophen’s group of two with Kiva’s partner VisionFund. Now leading her group to apply for a loan, Sophen will use her portion to buy fertilizers for her farmland, and will use a portion of it to spend on labor. She hopes this loan will enable her to earn more income so as to make a better living and keep her son in school until graduation.
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