This is the first micro-loan for Trea's group, consisting of three borrowers, with VisionFund (Kiva’s partner). She is seeking 700,000 KHR, while remaining two borrowers are seeking 1,000,000 KHR each.
As a leader, she will spend her loan portion to buy cassava, plow her farmland, buy insecticide, and pay for reaping fee. She hopes that she can gain a good yield from her crop and make more income to relieve her family's burden.
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