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Kan's Group
In this Group: Kan, Prak, Yarng, Kim
To make a living, Kan and her husband have been farming rice for thirty years. Kan is sixty-two years old and has four children, one of whom is still living with the family and working in the rice field. Kan's group consists of four members, each of whom borrowed one million Khmer Riel from VisionFund , and each of whom has been with VisionFund for three loan cycles.

As the group leader, Kan used her portion prepare her land and to buy fertilizers. She strongly hopes this loan will enable her to increase her income so that she can help her children with their children's school fees as Kan realizes the importance of education.

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
  • 173
    View loans »
    Cambodia Loans Fundraising
  • $35,791,825
    Funds lent in using Kiva
  • 4,088.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kan's Group's $1,000 loan helped a member to buy fertilizers and to prepare her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2012
Listed
Jun 11, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013