This is the first-cycle loan for Thy and third loan for his joint borrower with VisionFund (Kiva’s partner); they are each seeking the same loan amount of 1,000,000 KHR each. As the leader, he will spend his loan portion to pay the plowing fee and to buy corn seeds. He strongly hopes that he will gain a good yield.
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