This is the third micro loan for Det with Kiva’s partner, VisionFund. The other members are just with VisionFund this cycle. He completely repaid the past two loans, which have helped him make his living better. He is now leading his group to request a loan with VisionFund of 1,000,000 KHR each. As the leader, he wants to use his portion to buy fertilizers and seeds for his farmland. With this loan, he hopes to grow his business and earn a larger income to improve his standard of living and send and keep his children in school.
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