Check out some available loans that are similar to this one!
Samoeun's Group
In this Group: Samoeun, Sithou
Samoeun, 30, lives with her husband and four children in a rural village in the Kror Kor district of Pursat province, Cambodia. All of her children are dependent on her and two of them are still in school, while the others are still small. Samoeun has struggled to feed and care for her children by farming rice on two hectares of farmland. She has been in this business for 13 years. Her husband is a soldier and a tricycle motor taxi driver. Together, they can earn about 25,000 KHR per day and manage to save about 15,000 KHR each day for the future.

Samoeun’s and her fellow group member have been members of VisionFund for three loan cycles already and they completely paid back their previous loans. Samoeun wisely and successfully used the loans from VisionFund to relieve her family’s financial burden and to buy some basic household necessities for the family. As the leader of the group, she is helping her group to apply for another loan. She wants to use her portion to buy fertilizers for her farmland and to use a portion of it to spend for labor. She hopes to grow her rice healthily, to make a living better, and to 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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $36,987,750
    Funds lent in using Kiva
  • 4,062.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Samoeun's Group's $1,125 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014