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Sinat's Group
In this Group: Sinat, Soeurn
Sinat, 30, is married and has three school-aged children. For her children's sake, she runs a small food stall, and her husband is a motor-taxi driver.

Sina's group consists of two members. Sina is the group's leader. They just joined VisionFund this cycle. She is seeking 1,400,000 KHR and the other group member is seeking 500,000 KHR.

As the group leader, she will use her portion to buy ingredients for supporting her food-selling business, including noodles, sugar, salt, etc. She hopes to get more customers and make 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
  • 195
    View loans »
    Cambodia Loans Fundraising
  • $37,037,925
    Funds lent in using Kiva
  • 4,031.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sinat's Group's $475 loan helped a member to buy ingredients.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013