Neang is not a new borrower with VisionFund (Kiva’s partner). She has used her past loan wisely to support her business on a timely bases, which has returned her a decent profit to buy decent food for her child. Now, in a group of two, she is the leader. She takes her new loan to pay a plowing fee and to buy potash and insecticide for both of her crops. She hopes to gain a good yield with a high income, better 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