Check out other loans that are currently fundraising!
Savy's Group
In this Group: Savy, Oun
As a 34-year-old farmer in a village of the Thmor Koul district of Cambodia where crop farming is a common way to make a living, Savy has two dependent children (one son and one daughter) and they both are still in school and help with family’s business. In addition to her rice farming, she also sells food and dessert in the village to earn more income. She has been in this business for five years.

Now Savy is taking her third loan with VisionFund since 2008 while the other member in the group has just joined with VisionFund this loan cycle. The loan has helped her have a regular business. With her current business, she can earn more than US $30 per day but is able to save around US$7 each day. As the leader, she will use this loan to buy fertilizer for her one-hectare farmland for dry season rice. She hopes to increase her crop yield, improve her standard of living 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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • 4,068.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Savy's Group's $500 loan helped a member to buy fertilizer for her one-hectare farmland for the dry season rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 21, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012