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Sambath's Group
In this Group: Sambath, Sombon
Sambath, age 62, is married and a rural villager from Kror Kor district, Cambodia. She has four children in total, but only one son is under her responsibility as he is a student. To sustain her household, Sambath grows paddy rice and raises pigs while her husband helps with the rice farm and provides his threshing service for a fee. Sambath can earn about 20,000 KHR per day from the current business which she has been with for 12 years.

This is her fourth microloan with VisionFund (Kiva's partner). The past loan, which she has paid back, has gradually provided support to her business with a decent income. For this cycle, she is seeking 1,400,000 KHR while her co-member is seeking 1,000,000 KHR. As a group leader, Sambath is going to use her portion to buy fertilizer for her cash-crop and pig's feed for her pig-raising business. She highly hopes that she can double her income from both businesses so she can keep her children in school until tertiary level.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sambath's Group's $600 loan helped a member to buy fertilizer for her cash-crop and pig's feed for her pig-raising business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 24, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013