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Sokha's Group
In this Group: Sokha, Savang, Teang, Oun
Aged 43, Sokha is married with five dependent children (one daughter and four sons). Two of them are paid taxi driver while the other three work at the family’s business. She is a rural farmer in a village located in the Prey Chhor district of Cambodia. She has been farming rice as the only source of income, for twenty years.

Sokha’s group consists of four female members and her group has been with Kiva’s field parter, VisionFund, for one year. Since 2010, she has used the loan to make a better living and be able to set aside some money. She currently earns 4 U.S. dollars per day. Sokha and other three members are each applying for another loan of US$300 in KHR equivalent. As the leader, she is going to use this entire loan to buy fertilizer for her farmland and use a portion of it to buy piglets as another source of income. With this loan, she hopes to increase her business and standard of living.

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
  • 308
    View loans »
    Cambodia Loans Fundraising
  • $37,561,025
    Funds lent in using Kiva
  • 4,068.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sokha's Group's $1,200 loan helped a member to buy fertilizer for the farm and piglets for raising.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 22, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013