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Saroeun's Group
In this Group: Saroeun, Sarath, Nuon
Saroeun, aged 49, is a mother of six children who lives in a rural village of the Mongkol Borey district, Cambodia. She has four dependent children. One of her children is still in school and others are working in Thailand to help support her big family. Saroeun has been farming rice for almost twenty years to support her family and sometimes she works as a paid worker.

Saroeun is requesting her first loan with VisionFund. She is a member of a group loan, and the other members, Sarath and Nuon, have been with VisionFund for two loan cycles. Saroeun is the group leader of this VisionFund loan. She will use her portion of the loan to buy fertilizer and seed for her farm and also will pay for plowing. Saroeun hopes to increase her rice crop to make a living better.

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
  • 197
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saroeun's Group's $375 loan helped a member to buy fertilizer and seed for her farm.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 4, 2012
Listed
May 26, 2012
Currency Exchange Loss:
Possible
Ended:
May 18, 2013