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Chanthy's Group
In this Group: Chanthy, Sinorn, Navy
Originally from a rural village in the Thmor Koul district, Chanthy is 33 years old and married with five children who are still in school. For the last three years, she has been raising pigs and making wine to earn a living. The main challenge to her family's business is the lack of working capital to support the business.

Chanthy received her first loan with VisionFund three cycles ago and completely paid back the loans. The past loans have helped her afford to buy more pigs and necessary household items. She is now leading her group of three to apply for a loan with VisionFund. As the leader, Chanthy is going to use her portion to buy equipment to fix her house and winemaking store. She hopes to increase her family’s income so as to keep her children in school 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
  • 316
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,044.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chanthy's Group's $600 loan helped a member to buy equipment to fix her house and winemaking store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 25, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013