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Nge's Group
In this Group: Nge, Savoeng, Soert
Living in a rural village of Battambang province’s Sangke district, Nge is a 44-year-old married mother of two children, a boy and a girl, who have their own jobs. She and her husband have earned a living by farming rice for ten years. To better support the family, she raises pigs and sells groceries. She earns about 64,000 KHR a day, and she manages to save about 9,000 KHR for the future.

This is a group loan for Nge’s group. Nge has been a member of VisionFund for two cycles, while the other members have been with VisionFund for one cycle. Past loans have helped Nge to better support her family and expand her business. Nge, the leader of her group, will use her portion of the requested loan to buy fertilizers for her farm and use a portion of it to buy pig feed and groceries for her business. With this loan, she hopes to increase her current business and make more income to improve her family’s living standard.

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
  • 297
    View loans »
    Cambodia Loans Fundraising
  • $37,552,375
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Nge's Group's $900 loan helped a member to buy fertilizers for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 20, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013