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Fas' Group
In this Group: Fas, Yum
Fas, aged 50 and residing in the Sangke district of Battambang province, is a widow mother of three children, two of whom are working at a construction site. To make a living, she catches fish to sell as her main source of income. She also makes casting net for additional income. Fas' group is comprised of three female members and all members are first-time borrowers. Fas is seeking 500,000 KHR and another fellow is applying for 500,000 KHR. As the group leader, she will use her loan portion to buy a small boat for supporting her fish-catching business. She hopes to catch more fish and sell them for a good price so she can better support 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
  • 112
    View loans »
    Cambodia Loans Fundraising
  • $35,862,650
    Funds lent in using Kiva
  • 4,062.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Fas' Group's $250 loan helped a member to buy a small boat for supporting her fish-catching business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2012
Listed
Sep 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013