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Vun's Group
In this Group: Vun, Chai
A 58-year-old father from Mongkul Borey district in Cambodia, Vun is a farmer who currently grows rice on three hectares of farmland and cassava on one hectare. He has one son who is a paid worker. After 20 years of being engaged in his business, Vun is able to earn about 17,000 KHR per day.

Vun has been with VisionFund for four loan cycles which has helped him with timely support of his business and to gradually increase his income. Now, he is the leader of his group of two male members. He and his co-member are each applying for 300,000 KHR. As the leader, Vun is going to buy fertilizer for his rice farm. He hopes to have a better life than before.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • 4,032.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Vun's Group's $150 loan helped a member to buy fertilizer for his rice farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013