Pet is a seventh-cycle client with VisionFund and has successfully repaid previous loans. The past loans have helped him to manage his business better than before. Now he leads a group of two members to request a new loan. He is seeking a loan amount of 500,000 KHR while another one is applying for 1,000,000 KHR. As the group leader, he will spend his loan portion to buy fertilizer for his farmland. He hopes to make a good income to provide his family better living conditions.
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