Siphan earns a living through farming rice and selling snacks in the village. Siphan can earn about KHR 22,000 per day from the current business and can save about KHR 10,000 each day for future needs.
Siphan has been with VisionFund for two cycles and completely paid back the past loan. She successfully used the loans to better her living conditions.
Now leading her group to apply for a loan, Siphan will use her portion to buy fertilizers for her farm and use a portion of it to buy materials for making snacks. She hopes to make more rice and sell it for a good price so as to make a better living.
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