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Touch's Group
In this Group: Touch, Seam, Sokna
Touch, who is 45 years old, is a rural villager from the Dambae district. She earns a living by planting cassava, which is her family's main source of income, and she has been in this business for twelve years. She has three children who are dependent and are still in school.

Touch’s group consists of three members who are all female. This is her third loan with Kiva’s partner, VisionFund, and she has completely paid back her previous loans. They have helped her to better support her family. Now Touch is leading her group to apply for a loan of 1,000,000 KHR each. She will use her portion to buy fertilizers for her farmland and use a portion to pay for labor and land plowing. She hopes this loan will enable her to increase her crop yields and to sell them for a good price 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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • 4,105.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Touch's Group's $750 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 15, 2012
Listed
Jul 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013