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Lim's Group
In this Group: Lim, Chaykea
Lim, age 52, is the leader of this group of two borrowers. She started farming on her farmland 15 years ago to earn a living. She also maintains a cow that she utilizes as labor for plowing. Sometimes she shreds coconut meat to offer for sale in order to raise additional income.

Lim and her husband live in a rural area of Prey Chhor district. They have raised four children. Three are employed at a garment factory and one is a construction worker.

This is Lim's second group loan wI. VisionFund. She has completed repayment on her first loan wI. VisionFund and is now requesting a loan to buy rice seeds for her farmland. She hopes to plant and harvest rice and sell it at a good price. Her goal is to build on her savings for the family's future needs.

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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,033.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Lim's Group's $200 loan helped a member to buy rice seeds for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 14, 2011
Listed
Nov 25, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012