Including this loan, Ro is a third-time borrower with VisionFund (Kiva’s partner). She has repaid back her past loan completely and it has supported her business and stabilizes her living condition at a gradual pace.
For this cycle, she teamed up a group of three to get a new loan. As the leader, she will spend her loan portion to buy fertilizer for her crop. She hopes that she can boost her crop on time and make a good yield with a high return in profit so she can expand her 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