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Sary's Group
In this Group: Sary, Vanny
Sary, aged 38, is a villager from Battambang province's Sangke district. She is the mother of two children; one of whom is a student and the other is a paid worker. To fight for the family's hardship, she has been growing rice for ages, and her husband has been working at a construction site in Thailand. Having been in this business for 20 years, she is able to earn about KHR 24,000 and save about 5,000 KHR per day after deducting expenses. Sary is in the sixth cycle while her member is in the fourth cycle with Kiva partner, VisionFund. She has used her past loan wisely in managing her business well. She has paid back the entire loan. She is now leading a group of two female members. She is seeking KHR 400,000 whereas her member is applying for KHR 100,000. She will use her loan portion to buy rice seed and pay plowing fees. She hopes to stabilize her living condition and expand her business order to enlarge her income so as she can 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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $36,560,025
    Funds lent in using Kiva
  • 4,056.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sary's Group's $125 loan helped a member to buy rice seed and pay plowing fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 10, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013