This is the first loan for Savy with VisionFund (Kiva’s partner). She and her joint borrowers, in a group of three, are seeking the same loan amount of 1,000,000 KHR each. As the leader, she will spend her loan portion to plow her farmland and to buy fertilizer. She highly hopes that this loan will support her agribusiness and return her a good yield with good income.
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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