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Bun's Group
In this Group: Bun, Sin
Aged 52, Bun is a citizen from Sangke district of Battambang province. She has five children, four of whom are in school. To support the basic daily needs for her family, she grows rice and raises pigs whilst her husband is a paid worker in Thailand. This is a first loan for Bun’s group with Kiva's partner VisionFund. Her group consists of two female members, and she is the group leader. She is applying for 700,000 KHR, and her co-member is requesting 600,000 KHR. As a group leader, Bun will use her loan portion to buy rice seed and fertilizer. She hopes to grow healthy crops so as to make more income in order to expand both of her businesses.

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
  • $35,445,525
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Bun's Group's $325 loan helped a member to buy rice seed and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013