Having been with VisionFund (Kiva’s partner) for a cycle, Ann has managed to utilized her past loan wisely to improve her living condition better than before, and has repaid her past loan already.
Now, in a group of two, she is a leader. She is seeking 1,400,000 KHR whereas her co-borrower is applying for 1,000,000 KHR. As the leader, she will spend her entire loan portion to buy gasoline for her hand-tractor to plow her farmland and pay for labor costs.
She hopes that she can gain a good income from her cash-crops.
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