This is the sixth microloan for Saroeub with VisionFund, Kiva’s partner. She has completely paid back the loans and they have helped her family to have decent food. Now she is leading two of her group members to ask for a loan in amount of 1,400,000 KHR each. As the leader, she will spend her loan portion to buy fertilizer and rice seed for her farmland. She hopes to gain more yield from her crops so as to extend her farming 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