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Lun's Group
In this Group: Lun, Len
A citizen from a village located in the Mongkul Borey district, Lun is 43-years old and married. She lives with her husband and her children doing rice farming to make a living. She has eight children; five of whom are dependent on her and still in school. Having been in the rice farming business for eight years, she is able to earn about 20,000 KHR per day.

Lun has been with VisionFund for six loan cycles while the other member has been with VisionFund for two cycles. After successful loans from VisionFund, she feels empowered to make a living. She is leading a group of two to apply for a loan with VisionFund. As the leader, she is going to use her portion to buy fertilizers for her farmland. She hopes this loan will enable her to grow her rice healthily so as to improve her living condition.

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
  • 269
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,073.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Lun's Group's $300 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 13, 2012
Listed
Aug 15, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013