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Mean's Group
In this Group: Mean, Sanoun
Mean is a citizen living in a rural area located in Moung Russey district's Battambang Province, where rice cultivation is one of the core businesses for the villagers to generate more income, and it is for Mean. Besides working on the paddy field, she also grows corn on a three-hectare area to better support her family. Her main challenge is the shortage of water supply which reduces her yields.

This is the first loan for Mean and her member, who are in the same group consisting of two female members. They are seeking a new loan of 1,000,000 KHR each. Mean is the group leader, and will use her portion to buy fertilizer and insecticide for her farm. She expects to plant her cash crop on time and earn a larger income to sustain her living conditions.

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
  • 269
    View loans »
    Cambodia Loans Fundraising
  • $37,517,900
    Funds lent in using Kiva
  • 4,056.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mean's Group's $500 loan helped a member to buy fertilizer and insecticide for her farm.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 10, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013