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Sor's Group
In this Group: Sor, Chim, Saing
A farmer originally from Kror Kor district, Sor is 33 years old and has two dependent children. For daily decent food for her children, she grows paddy rice and vegetables. She has had experience in this business for 12 years and is able to earn about 11,000 KHR per day. Her key challenge is the low production where the flood occurs. For this cycle, Sor is a second-time borrower with Kiva's partner, VisionFund. The original loan, which she has paid back completely, has helped her to sustain her business gradually and better support her household. Therefore, she was able to manage to buy a decent motorbike for commuting and shipping her vegetables. Now, she wants to expand her business. Hence, she formed a group of three female members to seek a microloan. As the group leader, she will use her loan portion to buy fertilizer for her paddy field and vegetable garden. She hopes to double her income and therefore attain good progress on her living conditions.

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
  • 108
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • 4,055.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sor's Group's $575 loan helped a member to buy fertilizer for her paddy field and vegetable garden.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013