This is not the first loan for Sinat with VisionFund (Kiva’s partner). She has wisely managed her past loan to sustain her business as well as her lifestyle. Now, she is in a group of two to apply for a new loan. She and her fellow group member are requesting a loan amount of 4,000,000 KHR each. As the group leader, Sinat will use her loan portion to pay for plowing fees for her cassava. She hopes that she can gain high yield and earn more income.
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