Ieat is a second-time borrower with VisionFund (Kiva’s partner). She has fully repaid her past loan wisely to uplift her lifestyle better than before. With this new loan cycle, she is a leader in a group consisting of two borrowers. Her requested amount is 500,000 KHR while her co-borrower is asking for 1,000,000 KHR.
As the leader, she will spend her loan portion to buy fertilizer for her farmland. She hopes that she can boost her crop output on time and gain back triple 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