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Kry's Group
In this Group: Kry, Yae, Yun
Aged 41 years old, Kry is a mother of three dependent children who are students. To make a living, she has been growing rice and planting cassava for 20 years and is able to earn about 25,000 KHR.

Kry has been with VisionFund for one loan cycle already. She used the loan successfully and it helped her to maintain her household and keep her children in school. Now Kry is leading a group of three to request a new loan. She and one member are requesting for 1,200,000 KHR, whilst the third member is applying for 1,000,000 KHR. Kry will use her portion to buy fertilizers for her rice farm and cassava field. She hopes to make more profits and to stabilize her living conditions.

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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $37,019,450
    Funds lent in using Kiva
  • 4,049.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kry's Group's $850 loan helped a member to buy fertilizers for her rice farm and cassava field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 14, 2012
Listed
Jul 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013