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Kror Nhanh's Group
In this Group: Kror Nhanh, Kim Hoert, Sarout
A citizen from a rural area of the Ek Phnom district of Battambang province, Kror Nhanh is a 39-year-old mother of four children, two of whom are dependent on her and still in school. To support her family’s needs, she and her husband have been involving in farming rice, raising pigs, planting beans and making hashed fish meat and sometimes working for others for a fee, and have been in this type of business for several years. From the current business, Kror Nhanh is able to earn about 45,000 KHR per day and manages to save about 13,000 KHR each day after deducting daily expenses. Drought is a big challenge for her paddy business.

Kror Nhanh has been with Kiva partner VisionFund for three loans while the other members have been with VisionFund from two to six loan cycles. She has used her past loans to better support her family in providing sufficient food. She is now leading her group of three to ask for a new loan. Kror Nhanh, who is the group leader, will use one portion of her loan to plow the land for bean planting and the other portion on labor for harvesting rice. She expects this loan will help her business improve progressively, improve her living standards 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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,126,200
    Funds lent in using Kiva
  • 4,056.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kror Nhanh's Group's $750 loan helped a member to plow land for bean planting and pay labor costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 10, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013