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Yen's Group
In this Group: Yen, Kemsour, Art
Yen is a 62-year-old mother of five. Three of her children reside with the family. To make a living, she has been cultivating rice and growing plants for over forty years. Yen and the other two members of her group have been with VisionFund since 2009. They are now applying for their fourth loan. Yen will use her portion of the loan to buy cassava plants and grow them. She hopes to grow more cassava with a good yield and earn more income for the family.

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
  • 257
    View loans »
    Cambodia Loans Fundraising
  • $37,497,250
    Funds lent in using Kiva
  • 4,020.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Yen's Group's $900 loan helped a member to buy cassava plants and grow them.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 20, 2012
Listed
May 9, 2012
Currency Exchange Loss:
Possible
Ended:
May 18, 2013