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Srun's Group
In this Group: Srun, Seangleng, Touch
Srun and her husband have been farming rice and growing cassava for 10 years to support their family. They live with their children in a rural area located in Dambae district, where growing cassava to sell is a common business. Srun's biggest challenge is when the price of cassava drops, leaving her family with insufficient funds to continue the business and pay for her children's education.

Srun obtained her first loan from VisionFund in 2011. Having completely repaid her previous obligation to VisionFund, Srun is now applying for her second loan, while her other two group members are applying for their second and third loans, respectively. As group leader, Srun will use her portion to buy fertilizer and seedlings and to prepare her land for her crops. She hopes the loan wiill help her to grow good-quality crops so she can sell them at a high price and as a result have enough money to support her family and pay her girls' school fees.

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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • 4,047.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Srun's Group's $950 loan helped a member to buy fertilizer and seedlings and prepare her land for her crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 11, 2012
Listed
May 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013