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Chhoeurn's Group
In this Group: Chhoeurn, Chav
Chhoeurn is aged 35, and is living in a rural area of the Kror Kor district of Pursat province, Cambodia. She has two daughters, both of whom are dependent on her and still in school. To support the family, she has farmed rice and raised pigs for ten years and supplemented the income by selling grocery items while her husband works for others for a fee. The current business earns them about 33,000 KHR per day and allows them to save about 20,000 KHR each day for their future needs, after deducting daily expenses.

Chhoeurn’s group consists of two members who live in the same village and this is the second loan for her group with Kiva’s partner, VisionFund. The first loan helped her to better support her family. Now she and her group member are requesting a loan with VisionFund of 1,000,000 KHR each. As the leader, she is going to use her portion to buy more grocery items to sell. She hopes this loan will enable her to increase further her income so as to make a better living and grow the family’s business progressively.

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
  • 69
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Chhoeurn's Group's $500 loan helped a member to buy more grocery items to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013