This is the fourth-cycle loan for Ley and the second loan for her joint borrower. Now, her living condition is better than before. For this cycle, she joins a group of two to get a new loan and she is the leader. Her requested loan amount is 1,400,000 KHR and her co-borrower's loan amount is 1,100,000 KHR.
As the leader, she will spend her loan portion to pay the cassava plowing fee and to buy fertilizer. She strongly believes that she can gain a better yield 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