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Samneang's Group
In this Group: Samneang, Sarun
Living in a rural village of Thmor Koul district of Battambang province, Samneang is a 40-year-old mother of two dependent children who are still in school. For the last ten years, she and her husband have been farming rice to make a living. The main challenge for her family’s business is lack of working capital to better support the business.

This is a group loan for Samneang’s group of two and she and her group member have been members of VisionFund for six cycles. She successfully used the past loans to better support her family with sufficient foods and her children’s studies. Now she and her group member are applying for a loan of KHR 1,400,000 each. She wants to use this portion to buy fertilizers and rice seeds for her farmland. She hopes to increase her crop yields so as to increase her family’s income to make a living better.

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
  • 137
    View loans »
    Cambodia Loans Fundraising
  • $36,160,175
    Funds lent in using Kiva
  • 4,030.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Samneang's Group's $700 loan helped a member to buy fertilizers and rice seeds for her farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 12, 2012
Listed
Oct 15, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013