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Thuon's Group
In this Group: Thuon, Huch, Nan
Thuon is 59 years old and married. She has five children, four of whom are under her care; some are farmers and some are still in school. With seven-hectares of farmland, she has been growing paddy rice for 40 years to support the family. Thuon has been with VisionFund for four cycles already. With success, all loans have been repaid and have supported her rice farming business as well as her children's schooling.

She is now applying for a new loan of 1,000,000 KHR to buy fertilizer for her farmland and hopes to receive more crop yield so as to gain more income. Thuon's group consists of three members and she is the group leader.

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
  • 330
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,085.2
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Thuon's Group's $550 loan helped a member to buy fertilizer for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 13, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013