Chanthy has been with VisionFund Cambodia (Kiva’s partner) for one past cycle already. She has repaid her previous loan wisely to improve her lifestyle better than before. Now, she leads a group of six members to get a new loan.
Chanthy is seeking KHR 1,200,000, while her co-borrowers are seeking KHR 1,400,0000 each. She will spend her second loan, as group leader, to pay for weeding fees for her cassava farm. She hopes to gain a good yield from her crops and to make more money.
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