This is not the first loan for Soan with VisionFund (Kiva’s partner). She has fully repaid her previous loan already, and it enabled her to support her business in good time. Now, she forms a group of two, to apply for a new loan. She will spend her loan portion to buy more grocery items to resell at her store. She hopes that she can replenish her business inventory on time and get more customers, so she can earn more income to support herself and her family.
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