Ngoem’s group consists of three members who are all males. He is a client in his third loan cycle with Kiva’s partner VisionFund, and completely paid back the loans, which have helped him better support his family. Now he's leading his group to apply for a loan, and Ngoem will use his portion to buy fertilizers and seeds for his farmland, and will use a portion of it to spend on land plowing. He hopes this loan will enable him to increase his crop yields and sell for a good price 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