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Sarim's Group
In this Group: Sarim, Samen, Sophorn
Sarim lives in a house with a thatched roof in a village of Kror Kor district of Pursat province, Cambodia. She is 28 years old and married, with three children, one of whom is in school and the other two are under school age.

She has been farming rice on one hectare of farmland. Her husband also complements the family’s income by making palm juice and working for others for a fee. In this business for eight years, together they can earn about KHR 15,000 per day and build on KHR 10,000 for saving. Lacking water supply is the main challenge for her business.

Sarim's group consists of three members who live in the same village; this is the group's first loan with VisionFund. As the group's leader, Sarim will use her portion to buy fertilizer for her farmland and use a portion of it to spend on labor fees.

She hopes to grow her rice with good quality and higher yield, so as to sell it for a good price in order to make a better living 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
  • 96
    View loans »
    Cambodia Loans Fundraising
  • $35,456,775
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarim's Group's $550 loan helped a member to buy fertilizer and pay labor fees for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013