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Soun's Group
In this Group: Soun, Mao
Soun, age 42, is married and has four children. Three of her children stay with the family and earn money as paid workers.

To help support the family's daily living costs, Soun has been farming rice for approximately 20 years. Although her children have incomes, the family still does not have enough food.

Soun has been with VisionFund for three loan cycles. Her group member has been with VisionFund for four loan cycles.

They are now requesting another loan after completely paying their previous loans. As the group leader, Soun will use a portion of the loan to cultivate her rice field, buy fertilizers for her crops and pay labor fees. She hopes this loan will enable her family to enjoy better living conditions.

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
  • 306
    View loans »
    Cambodia Loans Fundraising
  • $37,565,125
    Funds lent in using Kiva
  • 4,007.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Soun's Group's $500 loan helped a member to cultivate her rice field, buy fertilizers for her crops and pay labor fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
May 24, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013