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Loeng's Group
In this Group: Loeng, Channa
Loeng ,age 47, is residing in the Battambang province’s Sangke district, Cambodia. She is married and a mother of six children, four daughters and two sons. One daughter and one son are currently in school while the rest are employed as garment factory workers. To make a living, she farms rice and sells dessert while her husband sells fish. Loeng is leading a group consisting of two members, both of whom are seven-time borrowers with Kiva’s partner, VisionFund. Loeng has completely paid back the past loans with success and they have enabled her to sustain her business, especially in leasing additional rice farmland. Now, both are seeking the same loan amount of 1,400,000 KHR each. For Loeng, her loan will be used to buy fertilizers and rice seeds for her farmland. She hopes to maximize her yield so as she can maintain her lifestyle.

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
  • 252
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,055.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Loeng's Group's $700 loan helped a member to buy fertilizer and rice seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 13, 2012
Sep 17, 2012
Currency Exchange Loss:
Sep 17, 2013