This is not the first loan for Sreynoun with VisionFund, Kiva’s partner. She has wisely managed her past four loans, which she has fully paid back, in order to improve her lifestyle.
Sreynoun and her joint borrower are seeking a 2,800,000 KHR loan to be divided equally between them. As the leader, she will spend her entire loan portion to pay for plowing fees, fertilizer and pesticide for her farmland. She hopes her rice field will produce a good yield, which she would use to help support her family.
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