This is not the first loan for Srey with VisionFund (Kiva’s partner). She has completely repaid back her past two cycles with success and it has enabled her to strengthen her business promptly. Now, she is in a group of three applying for a new loan. As the leader, she will spend her loan portion to buy fertilizer and gasoline to pump water for her crops.
She highly believes that she can gain triple yield from her current business so that she can make more income to buy an additional plot of farmland to replant more rice crops.
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