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Vorn's Group
In this Group: Vorn, Savert, Thy
Living in a thatched roof house in the Moung Russey district’s Battambang province in Cambodia, Vorn is 37 years old. She is married with two dependent children, one daughter and one son, both of whom are still in school. To support the family, she has been involved in rice farming and hairdressing for four years, while her husband works as a paid construction worker to earn additional income. The current business earns her about 18,000 Cambodian riels (KHR) per day and allows her to save about KHR 10,000 each day after deducting daily expenses.

Vorn’s group consists of three members who are all females who live in the same village. This is the fifth loan for her with VisionFund. The past loans have helped her relieve her family’s burden and improved their livelihood. Now, she is leading her group to seek a new loan with VisionFund. She is going to use her portion to buy fertilizers and pay for labor costs to plow her farmland. She will also use a portion of the loan to buy more hairdressing materials. Vorn hopes to increase her income from the current business to improve her standard of 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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,919,225
    Funds lent in using Kiva
  • 4,055.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Vorn's Group's $1,000 loan helped a member to buy fertilizers and plow her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 9, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013