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Khorn's Group
In this Group: Khorn, Chet
Khorn, 32, is one of the breadwinners of a family with dependent children: a daughter and three sons. All of his children are still in school. He and his wife have struggled in supporting the big household via growing paddy rice on one hectare of farmland. Besides this primary source of income, Khorn also makes bamboo baskets for extra income. Having been in these businesses for eight years, he can earn about 18,000 KHR per day. Khorn's group consists of two members; they have been with VisionFund for seven cycles and have successfully paid back the loans. The past loans have made Khorn run both his businesses properly and have relieved his family's burden. Now he and his fellow group member are seeking a new loan. As the leader, Khorn will use his portion to buy 5 sacks of fertilizer for his rice field and a portion of it to buy more bamboo in order to make more baskets for sale. He hopes to double his income, so he can set aside some money to buy a plot of land to expand his rice farming business.

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
  • 37
    View loans »
    Cambodia Loans Fundraising
  • $38,708,425
    Funds lent in using Kiva
  • 4,073.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khorn's Group's $500 loan helped a member to buy fertilizer for his rice field and materials for making baskets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 12, 2012
Aug 15, 2012
Currency Exchange Loss:
Aug 17, 2013