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Chantho's Group
In this Group: Chantho, Vorn, Yuth
Chantho is 27 years old and lives with her four children in a rural area of the Sangke district of Battambang province. Of her four children, two are in school, while the others are under school age. She earns a living by buying and selling vegetables, and her husband is a worker in another province. She has been in this business for four years, earning about 50,000 KHR per day.

Chantho is the leader of her group, which consists of three members who live in the same village. She and one other member are on their seventh loan cycle with VisionFund, while the third is receiving her first loan. The past loans that Chantho paid back in full to VisionFund have helped her improve her business. She will use her portion of this loan to buy more vegetables. With this loan, she hopes to expand her vegetable selling business so as to make a better living and keep her children in school.

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
  • 65
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,067.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chantho's Group's $650 loan helped a member to buy more vegetables for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Aug 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013