Rithy’s group consists of two members who live in the same village. He is a second loan cycle client with Kiva’s partner, VisionFund, and has completely repaid back the previous loan. He successfully used his first loan to support his family.
Now he is seeking a loan of 1,000,000 KHR while another group member is applying for 600,000 KHR from VisionFund. As the leader, he will use his loan portion to buy fertilizer for his farmland, and use a portion of it to spend on labor fees.
He hopes to earn more income to fulfill his dream of having a decent house to live in.
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
85View loans »
Success!! The loan was 100% repaid