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Sarorn's Group
In this Group: Sarorn, Moert, Sophoeurn, Vat
A widow living in a rural village located in the Thmor Koul district of Battambang province, Sarorn is 54 years old and has two children. One daughter is dependent on her and helps in the family’s business. Sarorn is a teacher in the local area and she is also a rice farmer. She has been in this business for thirty years, earning about 12,300KHR but is able to save about 4,000KHR each day.

Sarorn’s group consists of four members who are all female. She and other two members have been with Kiva’s partner, VisionFund, for six loan cycles while the other is just with VisionFund this loan cycle. The past loans have helped her improve her livelihood. She is now leading her group to apply for a loan. As the leader, she is going to use her portion to buy some materials to build a kitchen and also use a portion of it to buy wooden board to build house wall. She hopes this loan will enable her to complete her house’s wall and kitchen for a better living.

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
  • 109
    View loans »
    Cambodia Loans Fundraising
  • $36,139,325
    Funds lent in using Kiva
  • 4,063.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarorn's Group's $925 loan helped a member to buy some materials to build a kitchen.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013