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Vorn's Group
In this Group: Vorn, Tangngher, Voeurn
Vorn, 29, lives with her husband and two children in a village of the Moung Russey district of Battambang province, Cambodia. To make a living, she has been in farming rice and growing chilies and sesames for almost ten years. The current business earns her about 15,000 KHR per day to feed the family. Drought is the main challenge for her farming business.

This is the first group loan for Vorn with VisionFund. She is leading her group members to apply for a loan of KHR 1,000,000 each. She is going to use her portion to buy fertilizers for her paddy field. With this loan, she hopes to increase her crop yield so as to grow her family’s income to make 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
  • 220
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,067.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Vorn's Group's $750 loan helped a member to buy fertilizers for her paddy field.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 19, 2012
Listed
Aug 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013