This is not Chanthy's first microloan through VisionFund (Kiva’s partner). Her previous loans have enabled her to support her business on time and keep her children in school. For this cycle, she has formed a two-person group to apply for a new loan. As the leader of her team, she will spend her portion of the loan to buy more ingredients to make porridge to sell. She hopes to gain a good income and keep her children in school until the tertiary level.
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