Check out some available loans that are similar to this one!
Saly's Group
In this Group: Saly, Sokhorn
Living in a rural village of the Ek Phnom district of Battambang province, Saly, 45, is a married mother of four children, three of whom are staying with the family. Her youngest son is still in school while the other two sons are not married and are working as a paid worker and motorbike repairer. She and her husband earn a living through fishing, which they have been doing for twenty-five years.

This is the third loan for Saly’s group of two members. She successfully repaid the past two loans to relieve the family’s burden and improve her livelihood. The current business earns her about 39,000KHR per day. Now leading her group to apply for a loan of 2,000,000KHR, Saly will use her portion to buy a machine for her boat and use a portion of it to fix her old boat. With this loan, she hopes to increase her income 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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,560,025
    Funds lent in using Kiva
  • 4,085.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Saly's Group's $500 loan helped a member to buy a machine for her boat.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 15, 2012
Listed
Jul 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013