Her group consists of four members applying for a loan from VisionFund (Kiva’s partner). This is the second cycle loan for Chola and she has successfully repaid the first. The past loan has improved her family's living conditions.
As the leader of this group, Chola will use her portion to buy grocery items for her business. She hopes this loan will help her to increase her income so that she can further expand her business to triple her income in the future.
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
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
104View loans »
Success!! The loan was 100% repaid