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Sok's Group
In this Group: Sok, Saoran, Prahors, Roeun
Sok is 33 years old and married with two children. She is a rural villager who lives in the Mongkol Borey district. For the past ten years, Sok has been a rice farmer and her husband is a paid worker in the village. Her group loan consists of four members who live in the same village. Sok has been with VisionFund for one loan cycle and the other members of her group have been with VisionFund for between one to five cycles. Sok's first loan from VisionFund helped her to support her family and extend her farmland, and she is currently able to earn around 20,000 KHR.

Sok is leading her group and requesting another loan with VisionFund. She will use her portion of the loan to buy fertilizer for her farmland. Sok hopes to increase and improve her rice crop and make a better living.

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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sok's Group's $550 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 3, 2012
Listed
May 26, 2012
Currency Exchange Loss:
Possible
Ended:
May 18, 2013