Check out some available loans that are similar to this one!
Khorn's Group
In this Group: Khorn, Pov, Mon, Yuth
Living under a thatched house located in the Pursat province's Bakan district, Khorn is one of the breadwinners in the family. She is a 51-year-old mother of five children. Her two sons have their own employment whilst another three are students and still under her responsibility.

For the children's sake, she and her husband overcame the family's hardships by selling their handmade fish traps. They have been with this business for 15 years and are able to earn almost 15,000 Cambodian riels (KHR) per day.

Khorn is new to VisionFund (a Kiva partner), the same as her group members. Her group has four members; all are female. She leads this group to seek a new loan, and each member is taking a loan of 1,000,000 KHR. As the group leader, she will use her loan portion to buy bamboo for making more fish traps and a portion of it to buy pigs for raising as extra income. She hopes to make more income in order to sustain a good standard of living 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
  • 261
    View loans »
    Cambodia Loans Fundraising
  • $37,492,150
    Funds lent in using Kiva
  • 4,063.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Khorn's Group's $1,000 loan helped a member to buy bamboo for making more fish traps and to buy pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 26, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013