This is not the first loan for Yan with VisionFund (Kiva’s partner). She utilized her first loan and paid back completely The positive impact of her past loan has enabled her to uplift her lifestyle and do better than before. For this cycle, she is leading a group of two to get a new loan. Yan will spend her loan portion to buy fertilizer and to pay for labor costs for her farmland. She truly believes that she can make more income so that she can buy an additional plot of farmland to expand her agricultural business.
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