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Roeun's Group
In this Group: Roeun, Savin
Roeun, aged 46 years old, is married with five children. She lives in a rural area of the Thmor Koul district where crop farming is a common way to earn a living. Out of her five children, she still has two children to take care of and they both are still in school. Her primary source of income is from three-hectare rice farming. Roeun has been in this business for several years. A rural farmer, her main challenge for the family's business is the lack of working capital.

Roeun has been with VisionFund for four loan cycles while her member is just with VisionFund this loan cycle. She completely paid back the previous loans which has helped her make a better living and to afford to spend for her children's studies. Currently, she can earn 24,300KHR to spend for daily expenses. Now Roeun is requesting a loan with VisinoFund, Roeun who is the leader will use this loan to buy fertilizer and seeds for her farmland. She hopes to make more income so as to improve her lifestyle 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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Roeun's Group's $375 loan helped a member to buy fertilizer and seeds for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 11, 2012
Listed
May 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013