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Thyhoeurng's Group
In this Group: Thyhoeurng, Nan
Thyhoeurng is a 29-year-old mother of three children: two daughters and one son, all of whom are still dependent on her and are in school. She has been earning a living through farming rice on one hectare of farmland for four years to support the family. The current business earns her about KHR 20,000 per day and she manages to save about KHR 10,000 each day after daily expenses.

This is the second microloan for Thyhoeurng’s group of two members with Kiva’s partner, VisionFund who live in the same village of Mongkul Borey district of Banteay Meanchey province. She completely paid back the loan which has helped improve her family's standard of living. Now leading her group to request for a new loan with VisionFund, Thyhoeurng will use her portion to buy fertilizers for her farmland. She hopes this loan will enable her to earn more income so as to save some money to buy a mini-tractor for use in her field

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
  • 329
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • 4,073.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Thyhoeurng's Group's $150 loan helped a member to buy fertilizer for her farmland.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 5, 2012
Listed
Aug 7, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013