Nhor has never been with VisionFund (Kiva’s partner) before. Now, she is in a group of three to apply for a new loan. They are seeking for the same loan amount, 1,000,000 KHR each.
As the leader, she will spend her loan portion to buy fertilizer and fragrant rice seeds for replanting. She hopes that this purchase will enable her to grow healthy and fruitful rice so that she can make more income to sustain her lifestyle as well as to keep her kid 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