She has been involved with the rice cropping business for 18 years and it has generated her about 36,100 KHR per day. This is the first microloan for Thea with Kiva's partner VisionFund and she is a leader. She and her co-borrower are applying for a new loan of 1,400,000 KHR each.
Thea will use her potion of the loan to buy fertilizer and gasoline for her rice farming. She strongly hopes to upgrade her lifestyle so it's better than it was.
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