She has been involved with this business for five years and earns about 23,900 KHR per day. She is a group leader for a 2-person group. This is her second time borrowing from Kiva’s partner VisionFund. She fully repaid her previous loan, which provided her with better living conditions. Now she is seeking a loan of 1,200,000 KHR, while her other group member is applying for 800,000 KHR. She will use her loan portion to buy fertilizer for her farmland and to pay for other fees associated with farming and raising pigs. She hopes this loan will enable her to earn more income from the crop yield and help her pigs grow quickly so they can be sold for a good price.
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