Now, in a group of five, she is the leader. The total amount of her group loan is 4,500,000 KHR. Savoeurn will spend her loan portion to buy good ginger seedlings for replanting and potash as well as gasoline to pump water for her plantation. She hopes that she can grow her ginger seasonably and make a good yield with a high selling price so as she can keep her kids in school up to grade 12.
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