Samit and her joint member are new to VisionFund (Kiva’s partner). In this first loan, they are seeking 1,000,000 KHR (Cambodian riels) each. As the leader, she will spend her loan portion to buy petrol for her hand tractor and potash to support her farmland. She highly expects a good yield, better than last year, and to make more income.
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