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Mom's Group
In this Group: Mom, Siden, Dorn , Sokunthea, Channy
Mom, 47, has four children, three of whom are grown and living on their own. For the last 10 years, she has earned a living as a farmer in the village of the Ratanak Mondul. Her main crops are rice and maize. She has been a member of VisionFund for three years and now leads a group of four women who have been with VisionFund for from one to three years. The loans Mom has received from VisionFund have helped her improve her life and send her children to school. She is applying for a new loan for $350 to buy seeds and fertilizer for her farm. She hopes to improve her family's lifestyle and keep her child in school.

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
  • 181
    View loans »
    Cambodia Loans Fundraising
  • $37,004,050
    Funds lent in using Kiva
  • 4,030.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mom's Group's $1,550 loan helped a member to buy seeds and fertilizer for her farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 8, 2011
Listed
Dec 22, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013