Check out some available loans that are similar to this one!
Sinouch's Group
In this Group: Sinouch, Sokoeurn
Age 26 years old, Sinouch has one son who is under school age living in a rural area of the Ek Phnom district of Battambang province, Cambodia. Sinouch has been growing paddy rice, beans, and corn for about 5 years while his wife also helps to generate additional income via fish selling. Drought is the main challenge for the field business.

Sinouch’s group consists of two members who live in the same village. Now he and his fellow group member are applying for their first loan in the amount of 1,000,000 KHR each with Kiva partner VisionFund. As the leader, he is going to use his portion to buy fertilizers for his farmland and use a portion of it to spend on water pumping for his rice field. He hopes this loan will enable him to make more income so as to have a good 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
  • 203
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,062.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sinouch's Group's $500 loan helped a member to buy fertilizers and to spend on water pumping for his farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2012
Listed
Aug 19, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013