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Sreyneat's Group
In this Group: Sreyneat, Nhann
Originally from a rural area of the Ratanak Mondul district, Sreyneat is 31 years old and has made her living as a peasant who grows maize and peanuts. She has been in this business for more than three years. She has four children who help her work on the farm.

Sreyneat leads a group of two female members who are with VisionFund this loan cycle. She wants to use the entire loan to pay for labor in harvesting maize crop and plowing her farmland, and to buy maize seeds for her farm. She hopes this loan will enable her to increase her maize crop and prepare land for planting. Also, she hopes to sell the crops for a good price to earn more income to live better.

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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $35,122,200
    Funds lent in using Kiva
  • 4,018.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sreyneat's Group's $400 loan helped a member to pay for labor in harvesting maize crop and plowing her farmland.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 15, 2011
Listed
Dec 11, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012