Check out some available loans that are similar to this one!
Som's Group
In this Group: Som, Soun, Creb, Sophal
Residing in a rural area of Kror Kor district of Battambang province, Cambodia, Som is 22 years old and married with one daughter, who is still dependent on her. Som earns her living through farming rice on two-hectares of farmland and her husband complements the income by raising pigs and farming rice also. Som is leading a group of four female members to request a loan in the amount of 2,400,000 KHR in total.

For the group leader, Som, this will be the first loan cycle with VisionFund. With her first loan portion, which is 1,000,000 KHR, Som plans on buying fertilizers for her farmland and feed for pigs. Via the help of this loan, she highly hopes that the living standard of her family will be much better and her business will provide a good quality and higher crop yields so that she can sell for more income.

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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $35,436,925
    Funds lent in using Kiva
  • 4,057.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Som's Group's $600 loan helped a member to buy fertilizers for her farmland and feeds for pigs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 4, 2012
Listed
Oct 10, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013