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Roeun's Group
In this Group: Roeun, Chandy, Phea
Roeun, 47, is married and has five children who are all still in school. She and her husband are maize farmers in the local Ratanak Mondul district. This has been their main business for more than ten years. Sometimes, they work for others for pay to better support their family.
Roeun has been with Kiva partner VisionFund for three years while other group members have been with VisionFund from one to eight years. The loans have helped Roeun afford sufficient food and make a better living. She has paid back her loans from VisionFund.
Roeun's group is requesting another loan. As the group leader, she wants to buy maize seed and fertilizer for her maize plantation. She hopes to grow more maize to earn a better income in order to improve her living conditions and 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
  • 231
    View loans »
    Cambodia Loans Fundraising
  • $37,058,050
    Funds lent in using Kiva
  • 4,030.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Roeun's Group's $950 loan helped a member to buy maize seed and fertilizer for her maize plantation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 15, 2011
Listed
Jan 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013