With VisionFund (Kiva’s partner), she is in her fourth–cycled loan and she is a leader of a group consisting of three for this cycle. She and one of her co-borrowers are seeking 1,400,000 KHR whereas her joint borrower is applying for 1,000,000 KHR.
As the leader, she will spend her entire loan portion to buy fertilizer, rice seed, and insecticide, and to pay for labor cost. She strongly believes that she can gain a good yield, better 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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This loan has been fully funded!