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Sreyna's Group
In this Group: Sreyna, Pheng, Mom, Leap, Noern
Sreyna is 22 years old and a farmer who resides in a rural area of the Bakan district, Pursat province, Cambodia. She has one dependent son who is too young for school. To support the family, she has been farming rice on 1.5 hectare of farmland while her husband complements the family’s income by working as a motorcycle repairer in their local area. She is able to earn about 15,000 KHR per day and manages to save about 5,000 KHR each day after daily expenses.

Sreyna’s group consists of five female members who just joined VisionFund (Kiva's partner) this cycle. She is leading her group to apply for a loan. As the leader, she will use her portion to buy spare parts for her husband’s motorcycle repair business. She hopes this loan will help her husband to have sufficient spare parts for his repair business and earn more income for the family.

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
  • 208
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,055.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sreyna's Group's $1,000 loan helped a member to buy spare parts for her husband’s motorcycle repair business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013