Now, she is the leader of the microloan group consisting of two in a third cycle loan with VisionFund (Kiva’s partner). She is applying for a loan of 1,200,000 KHR and her member is applying for a loan of 1,400,000 KHR. As the leader, she will spend her entire loan portion to buy fertilizer, gasoline, and pesticide and to pay a plowing fee for her rice farming business. She hopes to make her living better 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