Sorn has been with this business for 30 years and it has returned her 40,200 KHR per day. This is the second cycle loan for her with VisionFund (Kiva’s partner). The past loan, which she has repaid, has enabled her to improve her lifestyle better than before, especially giving decent food for her kids. Now, she is seeking 1,000,000 KHR while her joint borrower is applying for 1,200,000 KHR. As the leader, she will spend her entire loan portion to buy fertilizer for her crop. She hopes to gain a better income than before.
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