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Moey's Group
In this Group: Moey, Chanry, Sokkim
Aged 51 years old, Moey is a married mother of nine children living in a rural village of the Moung Russey district of Battambang. To strive for this big household, she has been planting paddy rice, and her husband works as a construction worker in the local area. They have been in this business for 20 years,earning about 20,000 Cambodian riels (KHR) per day.

Moey’s group consists of three members who are all females living in the same village. She is on her fifth loan cycle, while her two fellow group members are first loan cycle clients with Kiva’s partner, VisionFund. She has completely repaid the past loans, which have enabled her to expand her business.

Now leading her group to apply for a loan, Moey will use her portion to buy rice seeds for her paddy field and to buy construction materials in order to support her husband’s business. She hopes to earn more income so as to improve the living conditions for her family.

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
  • 208
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,045.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Moey's Group's $750 loan helped a member to buy rice seeds for her agriculture business and to buy construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 17, 2012
Listed
Aug 18, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013