She has been involved in her current business for 15 years, and it has returned her about 40,000 KHR per day. This is the fourth loan for Savin with VisionFund (Kiva’s partner). She has paid back her past loan with success, and now her living condition is getting better than before. Now, in a group of three, she is a leader.
She will spend her entire loan portion to pay for a plowing fee and to buy rice seed for replanting her crops. She highly hopes that she can make more income so that she can keep improving her lifestyle.
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!