Rice farming is the main source for her family’s income and she has been farming for about 11 years. Her current business earns about 60,000KHR daily, and she is able to save 40,000KHR each day.
This is the eighth loan for Thach with VisionFund. She paid back the past loan with VisionFund and is now leading her group to apply for a loan.
As the leader, Thach will use her portion to buy fertilizers and seeds for her farmland. She hopes to earn more income from her current business.
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