Rithy’s group consists of three members and they are just with Kiva’s partner, VisionFund, this cycle. Now he is leading his group to apply for a loan of 2,000,000 KHR each. As the leader, he is going to use his portion to buy fertilizer and pesticides for his farmland. He hopes to increase his crop yields and earn more income to improve his standard of 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