With this new loan, Pha will be a fourth-time borrower with VisionFund (Kiva’s partner). She leads a group of three members; the other two fellow group members are third-cycle clients. The past loans have supported her business well.
The total amount of her new group loan is 2,700,000 KHR. As the leader, she will spend her loan portion of 1,400,000 KHR to pay a plowing fee.
She hopes she can improve the living conditions of her family in a great place.
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
131View loans »
Success!! The loan was 100% repaid