Touch is a first-time borrower with VisionFund (Kiva’s partner) and currently leads a group of three to apply for a new loan in the same amount of 1,000,000 KHR each. As the leader, she will spend her loan portion to buy potash and to pay the plowing fee for her farmland. She highly believes that she can make more income than before to sustain her lifestyle.
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