Now, she leads a group of four to apply for a new loan. The total amount of her group loan is 2,700,00 KHR while 1,000,000 KHR is Pheap’s portion. As the leader, she will spend her loan portion to buy potash, insecticide, and to pay for labor cost. She highly believes that she can gain a better income 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