Oem's previous loan from Kiva's partner VisionFund, which helped support her agribusiness, has been repaid and now, as part of a group of two, she is requesting a new one. She is seeking 500,000 KHR to pay for labor costs involved in spraying insecticide, plowing, and hoeing weeds for her cassava farm, while her co-borrower is applying for 1,200,000 KHR.
Oem hopes to earn more income from her current business.
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