She has never been with VisionFund (Kiva’s partner) before. She is now leading a group of three to apply for a new loan. Her loan portion is 1,000,000 KHR while her fellow group members are seeking 500,000 KHR each.
Sreyhun, the leader, will spend her loan portion to buy fertilizer, herbicide, and to pay a weeding fee and a reaping fee. She hopes to collect a good yield so she can sell it at a good price to double her income.
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