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Limheang's Group
In this Group: Limheang, Hie
Limheang, 42, is married and has three dependent children who are still in school. She is a farmer and she has been in this business for more than several years. With only one income source for the family, Limheang and her husband sometimes work for others to gain additional income to better support the family.

Limheang has been with VisionFund for one year. The loan from VisionFund has significantly helped her family. Now she and another member Hie, who has been with VisionFund for only this year, are applying for a loan. Limheang wants to buy fertilizer and gasoline for her water pump to carry water into her rice farm for US$250. She hopes this loan will enable her to grow healthy rice and sell it for a good price to earn more income to better meet her family's basic needs and also keep her children 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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,035.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Limheang's Group's $500 loan helped a member to buy both fertilizer and gasoline for the water pump for her rice farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 23, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012