Sopheak has received and repaid six previous loans from Kiva partner VisionFund, loans that have helped provide good living conditions for the family and enabling her to maintain a good cash-flow in her business. Now leading a group of two in this new loan request, Sopheak will spend her portion to buy more ingredients to make her rice cakes including sugar, flour, etc. She hopes that she can increase her income in order to set aside some money to buy more home appliances for her children.
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