Check out some available loans that are similar to this one!
Cheth's Group
In this Group: Cheth, Nga, Sarom, Yun
Cheth, aged 53, resides in a rural village of the Thmor Koul district of Battambang province, Cambodia. She is a married mother of four children, two are dependents and only one is still in school. Rice farming has been the main source of her family's income for almost twenty years. Now she farms on three hectares of farmland earning around 22,000 Riel (KHR) per day to support her family. The main challenge for her is the lack of working capital to support her business.

This is the fourth loan for Cheth with VisionFund; she completely paid back the past three loans, which have enabled her better support her family and rice farming business. To address her funding challenges, she is leading her group of four female members to apply for a loan of 1,000,000 Riel (KHR) each.

As the leader, she is going to use her portion to buy fertilizer and rice seeds and use a portion of it to pay for plowing land for rice farming. With this loan, she hopes to grow her rice in a healthy way, increase crop yields so as to earn more income, and to 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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $36,216,225
    Funds lent in using Kiva
  • 4,090.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Cheth's Group's $1,000 loan helped a member to buy fertilizer and rice seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 24, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013