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Thei's Group
In this Group: Thei, Thorn
Thei, 23, is from a rural village located in the Moung Russey district of Battambang province, Cambodia. She is married and responsible for one baby daughter. She and her husband earn a living through farming rice. They have been in this business for four years. The current business earns her family about 22,000 KHR per day. Lack of water supply is still the main challenge for her business.

Thei has been with VisionFund for five cycles while the other member has been with VisionFund for two cycles. The past loans have helped her relieve the family’s burden and improve their livelihood. Now she is leading her group of two to apply for a loan with VisionFund. Thei, who is the leader, will use her portion of the loan to buy fertilizers for her farmland and pay for labor costs and gasoline. She hopes to make more income from the current business so as to improve her family’s lifestyle.

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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 4,105.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Thei's Group's $550 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 11, 2012
Listed
Jul 30, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013