He has been with Kiva's partner VisionFund for the past cycle and has repaid his past loan completely.
Now, he is the leader of a group that consists of two members. The group requests a loan of 2,500,000 KHR, of which 1,500,000 KHR will belong to Toulas. He will use a portion of the loan to buy fertilizer for his cassava and another portion to renovate his house.
He is hopeful that the yield of cassava will be higher and he will also able to have a proper house to shelter in.
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