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Seth's Group
In this Group: Seth, Sophorn, Kunthea
Aged 32 years old, Seth is married and has two dependent children who are still in school. She is a rice farmer and also plants corn as the main source of the family’s income. She has been in this business for more than ten years.

Seth’s group loan consists of three female members and they all have been with VisionFund for three years. Since 2008, the loan has helped Seth make a better living. She has successfully repaid her loans with VisionFund. With good business, she is now leading the group to apply for another loan with VisionFund for US$300 each. As the leader, she will use this entire loan to buy fertilizer and seeds for her farmland. She hopes to make more healthy corn in order to earn a larger income, improve her living 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
  • 96
    View loans »
    Cambodia Loans Fundraising
  • $36,158,875
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Seth's Group's $900 loan helped a member to buy fertilizer and seeds for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 15, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013