Phanny has been with VisionFund (Kiva’s partner) for five cycles. After the successful loan that she has repaid, she feels confident that she can raise the living status of her family.
Now she forms a group of two to apply for a new loan. As the leader, she will spend her portion to buy fertilizer for her farmland and a remaining portion to renovate her house. She hopes that she can gain a high yield from her crop and earn more 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