Check out some available loans that are similar to this one!
Chanthy's Group
In this Group: Chanthy, Bunleng
Chanthy is 57 years old and a married mother of eight children and they live in an area located in the Dambae district of Cambodia.Out of the eight children, she still has four children to take care of. Her family’s source of income is rice farming and cassava plantation. She has been in this business for 10 years. Her main challenge is lack of working capital to support her business.

Chanthy’s group consists of two members. While she has been with VisionFund for four cycles, the other member has completed two loan cycles. The past loans have helped Chanthly gradually improve her living. With her current source of income, she is able to earn around 19,000 KHR per day to spend on daily expenses. Chanthy, who is the leader, is now requesting another loan and will use her portion to buy fertilizers for her farmland. With this loan, she hopes to increase the crop yields and have 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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $35,861,050
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chanthy's Group's $500 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 21, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013