Dany, a fourth-time borrower requesting 1,400,000 KHR, formed a group with two first-time borrowers requesting 1,000,000 KHR each from VisionFund (Kiva’s partner). Dany's past loans which she has repaid have enabled her to keep her kids in school and provide sufficient food and clothes for her kids. Now, she is the leader of her group. She will spend her entire loan portion to buy pig feed and to transplant her cassava. She hopes that she can gain a good yield with a high price.
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