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Kimchuon's Group
In this Group: Kimchuon, Poch
A villager from a rural part of the Mongkul Borey district in Cambodia's Banteay Meanchey province, Kimchuon is 43 years old, married, and has five children, two of whom are dependents and still in school. She earns a living by raising pigs (she currently has five) while her husband patches tires and cleans motors. Together, they can earn about KHR 35,000 per day and save roughly KHR 20,000 each day for future needs.

This is the fifth loan for Kimchuon’s two-member VisionFund loan group, and both women have successfully repaid their past loans with VisionFund. These loans have helped Kimchuon better support her family. As the loan group leader, she wants to use her portion to buy more piglets and pig feed. She hopes to raise her pigs to be fat and healthy, so she can sell them for a good price and improve her standard of living.

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
  • 284
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • 4,031.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kimchuon's Group's $375 loan helped a member to buy piglets and pig feed.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 14, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013