This is the seventh loan cycle for her and the fifth loan cycle for her joint borrower with VisionFund (Kiva’s partner). She has repaid her past loans with success, and the positive impact of the past loan has enabled her to uplift her lifestyle better than before.
Now, she and her joint borrower are requesting a loan with the same amount of 1,400,000 KHR (Cambodian riels) each. As a leader, she will use her loan portion to buy more grocery items for reselling. She hopes to increase her income more 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