This is Chhet's third loan with Kiva partner VisionFund. She has fully repaid back her previous loans, and the investment from these loans has enabled her to uplift her family's living conditions.
She and her co-borrower are now applying for loans in the amount of 1,400,000 KHR each. Chhet is the leader of the group. She will use her loan portion to buy potash for her crops. Her goal is to boost her crops in enough time to gain back a good yield.
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