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Touch's Group
In this Group: Touch, Houn, Hing
Touch, 54, lives in a rural village of Moung Russey district of Battambang province, Cambodia. She is married and has six children; only three of whom are dependent on her and help the family’s business. To support the family, she has been rice farming on seven hectares of farmland and complements the income by growing sesame. Engaging in this business for 14 years, she is able to earn about 50,000KHR per day and save about 20,000KHR. Drought is the main challenge for her paddy business.

Touch has been a member of Kiva’s partner, VisionFund, for one cycle already and she completely repaid the loan. She has used the past loan wisely and successfully to improve her family’s livelihood. She is now requesting a new loan with VisionFund. She is going to use her portion to buy fertilizer and insecticide for her farmland and use a portion of it to buy gasoline for pumping water. She hopes this loan will enable her to get a high crop yield to improve 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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Touch's Group's $850 loan helped a member to buy fertilizer and insecticide for her farmland.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 4, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013