They supplement the income by working for others for a fee. With the current business, she can earn approximately 20,000 KHR per day and save about 9,000KHR each day for the future needs. Kunthea is just with VisionFund this loan cycle. Now she is leading her group of three to ask for a loan. As the leader, she is going to use her portion to buy fertilizers for her farmland. She hopes to increase her current business so as to earn a larger income to make a better living and keep her child 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