With VisionFund (Kiva’s partner), Moeuy and her joint member are in their eighth loan cycle. She has repaid her past loan already, which enables her to upgrade her living conditions in a gradual manner. Now, she and her co-borrower are seeking for the same loan amount of 1,400,000 KHR (Cambodian riels) each. As the leader, she will spend her loan portion to buy more rice seed for planting and to pay for plowing fees. She hopes that she can make more income and enlarge her business better than before.
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