Han leads a group of four borrowers to apply for the total loan amount of 5,600,000 KHR, each of them own the same portion of 1,400,000 KHR. As she is short of money, Han plans to use her loan portion to buy fertilizer for her cash crop. She strongly hopes that the loan will allow her to get a better yield from the farm so that she will be able to earn a higher income for her family.
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