Check out some available loans that are similar to this one!
Nhean's Group
In this Group: Nhean, Penh, Ram, Sam Ath
Living in a wooden house in a rural area of Pursat province's Kror Kor district, Nhean is the head of a family blessed with three children. Two of her three kids are living with her and also help her to generate income for the family through assisting with the family business of producing sugar from sugar palm trees for resale. Her rice cropping business, which she has been in for several years, earns her almost 17,000 Cambodian riels (KHR) per day.

This is the third loan cycle for Nhean with Kiva's partner VisionFund. She has succeeded in paying back the entire past loans, and they have gradually provided better support toward her business.

Now, in a group composed of four female members, she is a group leader. The other three members in her group are also third-cycle loan clients.

For Nhean, she will use her loan portion to buy fertilizer for her farmland. She expects to boost her rice farm in a timely manner so she can multiply her income and attain good 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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nhean's Group's $925 loan helped a member to buy fertilizer for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 15, 2012
Listed
Sep 18, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013