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Chenda's Group
In this Group: Chenda, Saveuy, Sopheap
Chenda, 41, is married and has six children, one of whom is married while the other five are still in school. To earn a living and feed her family, she started raising ducks eight years ago in a rural area of Thmor Koul district selling duck eggs and ducks.

Chenda leads a group of three female members. She and one of her group members have been with VisionFund for four cycles while the other is just with VisionFund for this cycle. The loans from VisionFund helps Chenda earn regular income to better feed her family. She is now requesting a fifth loan to buy feed for her ducks. With this loan, she hopes to feed her ducks to be healthy and fat and also earn more income to support, keep her five children in school, and build up some savings to build a better house.

Additional Information

About VisionFund Cambodia

VisionFund 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

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Cambodia

  • $2,600
    Average annual income
  • 96
    View loans »
    Cambodia Loans Fundraising
  • $36,158,875
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chenda's Group's $825 loan helped a member to buy feed for her ducks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 7, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012