This is the first-cycle loan for Chanthy and the third loan for her group member. She and the other group member are requesting a loan in the same amount of 500,000 KHR each.
As the leader, Chanthy will spend her loan portion to buy insecticide, fertilizer and cassava seedlings for her field. She strongly believes that she will harvest more cassava 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