Sophat is a third-time borrower with VisionFund (Kiva’s partner) and has had successful repayment of the past loans. Now, her lifestyle is getting better than before.
For this cycle, she is a leader of a group consisting of three members. She is requesting the loan of 1,400,000 KHR, and she is planning to spend her entire loan portion to buy seeds and fertilizer and to pay for land plowing fees. She highly believes that she will be able to gain a better yield and to increase her income.
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